THE annoucement of the new corporate sponsor for Team Britannia’s round-the-world powerboat record challenge has been met with praise from Portsmouth South MP Flick Drummond.
Prosperity Independent Financial Advisors & Stockbrokers Ltd has become a core sponsor of the £2.9m project to break the world record for circumnavigating the globe in a powerboat.
The announcement was made at the Royal Naval Club and Royal Albert Yacht Club in Old Portsmouth where ocean racing legend Alan Priddy, who is embarking on the challenge with his crew in November, and Mrs Drummond welcomed the company.
Mrs Drummond said: ‘This is very good news for this excellent venture by Alan who is inspirational as always.
‘These are exactly the sort of companies we want in Portsmouth as we want to become the centre of excellence for maritime technologies.’
The record attempt will be in a new Eco-boat powered by a new fuel emulsion that slashes harmful emissions.
Speaking after the announcement, Mr Priddy said: ‘Today was fantastic, we are always pleased to welcome major sponsors into the team.
‘The company’s ethos with regards to the environment is exactly the same as ours.
‘The team at Prosperity believes wholeheartedly in this significant undertaking by Team Britannia and in everything it stands for, I look forward to working with them in the future.’
Mr Priddy hopes to shave up to seven days off the current powerboat record of 60 days 23 hours and 49 minutes.