The Cruising Yacht Club of Australia (CYCA), a privately owned organization founded in 1944, is based in Australia. Employing approximately 50 people as of 2023, its primary activity is the organization and hosting of spectator sporting events, most notably the annual Rolex Sydney Hobart Yacht Race. The CYCA is considered a leading yacht club in Australia.
On September 4th, a second Crew Connect session was held to connect racing and delivery crews with boat owners, following high demand after an April event. The 80th edition of the Rolex Sydney Hobart Yacht Race, a 628 nautical mile event, received its 100th entry, the GP42 Back 2 Black (formerly Khumbu), to be sailed by Langman, a participant in 33 previous races. The race's website attracted almost 1 million visitors annually, supported by a team providing live boat tracking, broadcasts, photo galleries, blogs, and updates. On September 6th, the CYCA held its annual volunteer luncheon to recognize members' contributions to the club's operations. The Volvo 70 L4-Trifork, a Juan Kouyoumdjian-designed yacht, was highlighted as an option for those aiming to win the Tattersall Cup or compete in major ocean races.
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Cruising Yacht Club of Australia (CYCA) offers 2 products in the media and telecoms services and sports industries. Cruising Yacht Club of Australia (CYCA)'s product portfolio comprises of media and TV services and water sports.
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Cruising Yacht Club of Australia (CYCA)'s revenues were less than $10M in 2023. Caretta Research has split Cruising Yacht Club of Australia (CYCA)'s revenue into 2 different product categories, the largest of which is sailing. For full access to Cruising Yacht Club of Australia (CYCA)'s revenue breakdown subscribe to Caretta Portal.
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Cruising Yacht Club of Australia (CYCA) sells broadcasting rights of its sailing competitions to 3 companies globally, covering 3 countries. Cruising Yacht Club of Australia (CYCA)'s rights holders include Seven Network, Meta and YouTube.
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