The 2010-11 Ultimate Race Around the World, the ultimate solo mission sea race, will feature a prize pot of over $2.5 million dollars, organizers announced yesterday.

Formally known as the Velex 5 Oceans Race, is a round-the-world single-handed yacht race sailed in stages. It has been held every four years since 1982 (Renamed Around Alone in 2006), and is the longest race for individuals in any sport! Sponsors said that part of $2+ milli investment will go towards accommodations and logistics for the competitors.

This prize pot becomes the largest on the high seas (at least on the Open 60 circuit), and it’s announcement comes on the heels of the news of sponsorship turmoil amongst the players of the World’s best known nautical competition, The America’s Cup.

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