PANERAI SPONSORS NANTUCKET RACE WEEK’S TWO DAY 12-METRE REGATTA

Nantucket Island, MA, August 12 & 13, 2010 – Nantucket Race Week’s two day 12-Metre Regatta kicked off Thursday amidst perfect sailing conditions - easterly winds of 12-15 knots, clear skies, flat water. Crews of the competing 12-Metres welcomed winds clear skies, flat water and morning Northeast winds of 16-20 knots, which clocked around to Southeast winds of 12-15 in the afternoon as the sea breeze filled in on the second day of the Panerai sponsored event.  Comprised of six classic 12-Metre yachts, the fleet competed in Nantucket Harbor in two classes; Northern Light, Gleam and Onawa made up the vintage class, while Weatherly, Columbia and Nefertiti comprised the traditional class. 

Panerai barometers, engraved specially for the 2010 Panerai Classic Yachts Challenge, were presented to the winner of each class during the well attended awards ceremony at Nantucket Yacht Club on Friday evening.  The gorgeous Onawa won the vintage class, while Columbia won the traditional class.  Following this event, all six 12-Metres will be participating in Sunday’s culmination of Nantucket Race Week, the Panerai sponsored Opera House Cup Regatta.

The Panerai Classic Yachts Challenge, returns to Newport, Rhode Island for the final leg of the North American circuit with the Museum of Yachting Classic Yacht Regatta on September 4th and 5th.   The North American Circuit, comprised of the most revered regattas in the US and Caribbean, kicked off this year in mid-April with the Antigua Classic Yachts Regatta and continued on to the Northeast with the Corinthian Classic Yacht Regatta in Marblehead, MA in August.  In 2010, Officine Panerai celebrates the first-ever vintage and classic racing circuit for North America in addition to its first five years as sponsor of this prestigious yachting circuit, a partnership that is certain to continue in the future, due to the profound values they share, the linkage with the sea, beauty, history and age-old skill and tradition.

About Officine Panerai

Officine Panerai, a manufacturer of fine Italian-designed, Swiss-made watches, represents a unique combination of the brand’s Florentine tradition as precision instrument and watch-makers for the Italian Royal Navy, elegant design, and the finest craftsmanship in the world. Each model expresses authenticity, creativity, passion and a specific DNA that always harkens back to the brand’s Florentine roots and to the sea.

Panerai watches are sold exclusively through an international network of authorized retailers and in Panerai boutiques around the world. In North America, Panerai boutiques can be found in Manhattan and Beverly Hills. Officine Panerai is part of Richemont Group.

For more information, visit www.panerai.com or call 1-877-PANERAI.

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