Britain's new (and only) GP42 campaign

We speak to John Bassadone about Peninsula Petroleum
Britain has a new face on the Audi MedCup circuit this year. John Bassadone is in fact from Gibraltar where he is Managing Director of worldwide fuel trader/supplier Peninsula Petroleum and this year is campaigning a GP42 bearing his company’s name. Gibraltar born and bred, Bassadone, 33, grew up sailing Optimists, Lasers and with his father in the Gibraltar fleet of Victory keelboats. He was in the UK from the age of nine, during which time he pretty much gave up sailing. His business in the oil trade, makes him the second owner in that professional competing in the Audi MedCup after Artemis’ Torbjorn Tornqvist. “We don’t have the whole of Russia to deal with unfortunately,” he says in reference to Tornqvist’s company Guvnor. “There are three sides to our company: We sell oil to tankers and shipping and we have our own oil in certain locations and we have offices worldwide, in China and Singapore, etc.” Bassadone says he only got back into sailing four years ago when he purchased a J/109 from persuasive Paul Heys of Key Yachting. He has since traded up to a Comet 41, which he raced for two years in the south of Spain and Palma, and now to the GP42. “It came about last year,” Bassadone says of his latest water-born acquisition. “We were invited to the GP42 Worlds in Lanzarote and we sailed on the Roma 1. We loved it and thought it was brilliant. Then an opportunity came about, speaking to Jose-Maria van den Ploeg from Madrid who was selling his boat and I ended up buying it. And with Inaki [Castaner], who has been involved with the whole project, I bought the boat, had it touched up and here we are.” Masterminding his sailing program, Inaki Castaner is a former America’s Cup and Whitbread sailor