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by Sue Warden-Owen on 9 Oct 2000
Clipper Ventures plc, the AIM listed yacht racing and branded sailing
company, has announced that Ladbrokes is to be the official bookmaker
of The
Times Clipper 2000 round the world yacht race, which departs from
Castle, Portsmouth, at 1200 on Sunday 15th October.

Each yacht in the eight-strong fleet is sponsored by a UK city and
will be tested to the limit as they battle for the right to win The
Trophy during the challenging eleven-month circumnavigation. Strong
competition is expected amongst the rival yachts, namely: Bristol
Glasgow Clipper, Jersey Clipper, Leeds Clipper, Liverpool Clipper,
Clipper, Plymouth Clipper and Portsmouth Clipper. With intense
training and
trial races almost over, Ladbrokes have issued the opening betting show
make the Plymouth boat 4/1 favourite to lift the trophy in Gunwharf
Portsmouth, next September.

Andy Clifton of Ladbrokes said: "We are very excited about The Times
2000 and our involvement in the race. Betting on yacht racing is a new
venture for us, but we are sure that it will prove popular, especially
people can now follow the progress of their favourite on the internet

The official race website at will contain
updates of the boats' progress on each leg of their marathon voyage,
will also offer race fans a direct link to to allow
put their yachting knowledge or support for their favourite boat to
profitable use.

Latest Betting:
4/1 Plymouth
5/1 Bristol
5/1 Portsmouth
6/1 London
6/1 Jersey
6/1 Glasgow
7/1 Leeds
7/1 Liverpool

In addition, Ladbrokes is using the race to promote its international,
multi-lingual, tax free betting site,, by agreeing a
separate sponsorship deal with Clipper Ventures for all 8 yachts to
carry branded signage. Richard Cooper, managing director of
Ventures plc said: "We are delighted to have a company with the
international reputation of Ladbrokes backing a race that will take our
yachts all around the world."

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