At least as far as last Laser Worlds in the UK is concerned, with which I had some involvement, I know for certain the boats weren't provided at "no cost whatsoever". On the contrary, sailors paid approximately US$360K equivalent in charter fees. The boats were later resold at close to a new boat price and it's quite possible Laser turned a profit on the exercise. Not that there's anything wrong in that but let's not misunderstand the facts. I imagine the arrangements at most other major regattas are similar.And when a builder produces 300 new boats (at a cost of roughly $3k/boat) and lends them to the World Champs That $900,000 is generously lent to the builder by the local banks for absolutely no cost whatsoever.
Regarding your assertion that regattas don't make money, my club runs National and World Championships quite regularly and we certainly make a profit out of them without, in most cases, any major sponsorships being involved.
Last edited by a moderator: