Lisbon will build on its debut last year by hosting the next two editions of the Volvo Ocean Race.
The Volvo Ocean Race fleet will reach the Portugese capital in 2015 after setting out from Newport, Rhode Island and crossing the Atlantic back to Europe.
"What Lisbon achieved in the last Race was remarkable when you think that the city was making its debut," said Volvo Ocean Race COO Tom Touber, who made the announcement at the Torreão Nascente in Lisbon.
"Lisbon is a great port city and the people came out in their thousands to welcome the sailors as their own. The Race Village was a hive of activity, with everyone coming together to give the stopover a distinct Portuguese feel. It was a truly great success and we can't wait to come back."
Mayor of Lisbon, António Costa, added, “Welcoming the Volvo Ocean Race to Lisbon for its next editions will again represent a great opportunity to promote the culture and heritage of Lisbon on a global scale.
"This will be an important landmark for the City as a privileged stage for great events. In addition, the event will also give us the opportunity to promote regular sport among our population, in this case directly related to sailing, a sport with great tradition in the country and one of the few in which we have a rich background in terms Olympic athletes.
"It is in the best interest of the city of Lisbon to create the best conditions possible in order to continue hosting the Volvo Ocean Race in Lisbon.”
Lisbon is the eighth Host Port to be announced for the 2014-15 Race. This leaves the Far Eastern stopover and the stopovers between Lisbon and Gothenburg, Sweden
The Race will start from its home in Alicante, Spain before visiting Recife in Brazil and going on to the United Arab Emirates capital of Abu Dhabi. Later in the Race, the teams will dock at Auckland, before rounding Cape Horn and reaching Itajaí, the second of two Brazilian stopovers. From there, the route takes the teams north to Newport and across the Atlantic to Lisbon. The Race will finish in Gothenburg, Sweden, with the final stopovers, as well as dates and distances, to be announced in the coming weeks.