52s circuit 'like North American sports league'

Photo: Stefano Gattini/Studio Borlenghi/Audi MedCup
Quantum Managing Director Ed Reynolds on the new TP52 circuit and how winning helps their sailmaking business
Managing Director of Quantum Sails, Ed Reynolds has not only helped put the Doug DeVos-backed sailmaker more firmly on the map in the race boat market, but has also been the driving force behind Quantum Racing’s successful TP52 campaign. The team won the Audi MedCup with Terry Hutchinson on the helm in 2008 and were victorious again last year with a new Botin & Partners design and 32nd America’s Cup winning helmsman Ed Baird driving. With Quantum Racing once again heading for the Med this year, so Reynolds is also deeply involved in the new circuit for the TP52s. Did he feel that the writing was on the wall for the Audi MedCup? “A little bit. The overall structure of how the business was put together before just made no sense, it wasn’t really sustainable. We had a governing body that was putting on the events and there was no agreement with the owners who were trying to satisfy a sponsor who wanted access to the show the owners put on. Ultimately at some point it was going to come to an end. I was a little surprise that it ended as it did with World Sailing Management terminating the agreement, but they are a for-profit company and it was going to be a lot of work for not a lot of profit. So we didn’t want it to happen, but we weren’t completely blindsided by it.” Allegedly World Sailing Management, the company behind the Audi MedCup made a loss on their sailing series in 2011, but Reynolds makes the point that it was their company and they had no obligation to be transparent about the series’ finances. So now the owners – “some serious individuals” as Reynolds describes them - are themselves backing the new TP52 circuit with at present at least