The event, which is going to take place on the 10th and 11th December at the Grimaldi Centre in Monaco, is focussing on making water-related activities commercially viable - and sustainable, at least in the business sense.

The First Sailing Industry debate aims to cover key issues, under headings such as: 'Selecting Olympic Classes for Maximum Televisual Impact', 'Regeneration of Coastal Areas through Marine Tourism', 'Key Factors for a Successful Commercial Regatta', and 'Opportunities for Sailing in Emerging Countries'.

In case you were wondering there is also a debate scheduled on the future of the America's Cup and one on sailing communications technology as well.

The World Yacht Racing Awards will be a main feature of the evening activities in Monaco. Categories encompass a cross-section of interests, from best sailing regattas to outstanding achievements, and include technology, photography and even a sponsorship award.

For further information contact Chris Trainor on 01983 753586, chris@worldyachtracingforum.com, or visit worldyachtracingforum.com