[Sat.] - Palm Beach Int'l Boat Show 2024

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Sailing Legends

Entertain and Educate

BY JIM BRONSTIEN

Sailboats on display may be few and far between at PBIBS, but at the annual Business Leadership Luncheon held aboard South Beach Lady Thursday, sailing and racing was front and center. Legendary winner of the 1977 America’s Cup, famed broadcaster, and author Gary Jobson, alongside Chris Flowers, owner of the winning Maxi racer Galateia and 52-meter Vitters S/Y Anne, gave a crowd of 250 invited attendees a very entertaining and enlightening glimpse into their world of sailing, racing, and broadcasting.

Jobson is a lifetime sailor, author of 23 books about sailing, and the tactician behind Ted Turner’s historical run on Courageous to win the America’s Cup. To many, he may be more recently known as the iconic broadcaster of sailing races on both ESPN and NBC. His team at ESPN was the first to ever get cameras and microphones on America’s Cup boats, which transformed the popularity of those races into must-see TV. In fact, the “laser lines” that you see on TV that designate the starting and finish lines and all the other technological graphics were a first in television broadcasting and were later discovered by the National Football

League, which is how the NFL came to adopt their own “laser lines” for first down markers.

Flowers, a private equity investor, explained that his love for Maxi racing comes with an equal passion for chess. When asked which is a more entertaining spectator sport, he mused, “Chess, of course, as you are always at the edge of your seat!” No matter if you are a sailing expert or uninformed of the intricacies between Maxi racing (owners must steer the boat) and America’s Cup racing (a scientific and technological competition), these two iconic gentlemen know their craft!

The Olympics sailboat racing this July in Paris will be announced by Jobson for NBC and then he, and many others, will make their way to Barcelona for the Cup races in September and October. When asked to predict the outcome, Jobson believes Italy and “American Magic” will compete to see who will challenge New Zealand for the Cup. His hope is that America will prevail and bring the Cup back home to Newport. Whatever the result, this is a summer for racing. Watch it all on NBC and ESPN.

All in a day’s work.

Work hard, play hard — captains and crew dig in on day three.

PHOTOS BY LINDSEY HANRAHAN AND KEVIN MAHER

Four

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1966 BURGER 100’

1964 FEADSHIP 73’ 10”

The Cost of Crew Replacements

BY LAUREN BECK

Tim Clarke, managing director of Quay Crew in the U.K., got the debate going on LinkedIn when he posed one simple question: How much does it really cost to replace one crewmember?

According to Quay Crew’s research, it could cost about €20,000 for a junior crewmember to be replaced. The figure came from one family office analysis, where Quay Crew arrived at €21,000.

Included in that figure are the more obvious costs — flights, crew agency fees, etc. — but other hidden costs drive up the total, Clarke said.

Comments on his post showed others believed costs could range even higher, as much as double, according to one respondent. Senior crew with their tickets and experience may be more expensive to replace, and repatriation,

depending on location, could incur significant fees.

Chief Engineer Duncan MacLean commented on Clarke’s post that costs could be higher for engineering departments, and he also pointed to a loss of knowledge when senior crewmembers depart. It’s “complex to quantify,” he said, but “every yacht has its own quirks.

The first time tracing a location of a piece of equipment in a deckhead might take hours. Would you apportion a value to that knowledge?”

As other posters shared, there can be a team reliability cost as changes in structure and departing colleagues are also an “immeasurable” invisible cost.

Of course, Clarke emphasized, this assumes you want to keep the

crewmember. If it’s not a good fit, Clarke recommends getting rid of them “at the first possible opportunity.”

“In summary, retaining crew is far, far cheaper than replacing them,” Clarke said. In a follow-up post, Clarke said, “Contrary to popular belief, as a recruiter, I don’t want to see clients with high turnover. I much prefer working with decent clients who come to me less frequently but commit to finding the right hire.” «

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