Tag Heuer sponsors China Team
by Event Media on 31 May 2005
TAG Heuer and China Team have announced the signing of their partnership in the lead-up to the 32nd America's Cup.
TAG Heuer, the internationally-prestigious brand of Swiss watches and stop-watches, is the first sponsor to join the China Team since its inception in March of this year. It is a brand well known in the world of sport, particularly in the America's Cup.
China Team by Le Défi is the first syndicate in America's Cup history to wave the Chinese flag.
Established in March 2005 in a joint-venture
between Chaoyong Wang, President of China Equity Investment (one of the leading Chinese capital venture funds) and the French organisation, Le
Défi, China Team represents the Qingdao International Yacht Club.
The team draws on the competencies and the skills developed by Le Défi,with the support of the UNCL (Union Nationale pour la Course au Large), during the two previous Cup series.
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