Calm down Jack, you lose focus and accuracy when you get excited.Fuck me Shang join the dots and let me guess with a Vendor financed Management Buyout (that has no real money behind ithem other than to smooth out the rocky cash flows) it first guarantees another trip to China and secondly they will call it the "Xi Jinping Drives a Volvo Around the World Race" surely???
Since the 2008/09 Edition the camel jockeys and the Chinese have fucked this race yet with between them have only contributed 2 1/2 Teams in that period to warrant a huge disruption to an iconic event.
This has been a Chinese owned Volvo marketing exercise for 20 years and will continue, nothing has changed, except the banker of it has now de-risked.
I'm earmarking this thread for two years out where the I told you so posts from many here get rebooted.
Timing first of all:- Volvo, a Swedish company bought the race from Whitbread 20 years ago. In 1999, that's 18 years ago Jack they sold their car division to Ford, an American company if memory serves me well. It remained an American company until Geely bought it in 2009 - err that's 9 years ago Jack, not 20.
Plus of course the race, until December, was still 50% Swedish owned as it was only in December that Geely bought 8.4% of Volvo AB and I bet a sailing boat race didn't even enter into the price calculation. Anyway it is now ALL Swedish, or Spanish if you look at the company instead of the people.
I note from Rennmaus's post up above that they are retaining Mark Turner's 'other races' idea along with the two classes of boat although no guarantee the 2nd one will be an IMOCA look-alike