We are disappointed to hear that Mainsail, who have made a valuable contribution to the regatta over may years, has gone into administration.
The Isle of Wight Council is already in advanced negotiations with another company that has much experience in, and knowledge of, the Aberdeen Asset Management Cowes Week Parade Village with regard to providing the Parade entertainment and leisure facilities including the Sail for Gold Bar.
It is hoped an agreement will be reached over the next 48 hours that will ensure the Parade remains an integral part of the Aberdeen Asset Management Cowes Week spectator and entertainment experience.
For earlier news stories, as well as results, videos and photographs from previous years, visit our comprehensive Regatta Archive.