PRIZE MONEY

St George Sailing Club’s objective is to support 16ft Skiff sailing and its chosen pathway boats. Every season the Board of Directors in consultation with the Sailing Manager approve a budget to award as Prize Money. 

For the 2024/2025 sailing season, the prize money is: 

        

 

 

 

 

 

Note: for multi-race days the start/finish amounts are halved to $140 and $42.50 respectively. 

 

Annual Prize Money

16ft Club Championship

            1st        $1,200

            2nd       $800

            3rd        $400

Amounts for 1st Half, 2nd Half, and Handicap positions are still being confirmed. 

 

ADVANCES & SUBSIDIES

To help reduce the cost of sailing or for first time buyers, the Club provides a generous Subsidy to anyone looking to purchase a new boat in any of the 16ft Skiff, 13ft Skiff, Flying 11, and Manly Junior Classes. The Subsidy is approximately 25% of the on-water cost to buy a new boat. The only requirement is that you commit to sailing at St George in that boat for at least 2 seasons. 

In addition to the Subsidy, any 16ft or 13ft Skiff can take an Advance or “loan” on their expected Prize Money earnings to help with purchasing a boat, sails, equipment, or other necessary items. To pay the Advance back, you only need to turn up and sail on the scheduled race days to pay it off. Any remaining balance is invoiced at the end of the sailing season. 

 

16ft Skiff

New Boat*

A new boat (subject to availability) is eligible for a Subsidy and Prize Money Advance (Advance) under the following conditions:

  • A $21,000 Subsidy will be provided by the Club (approximately 25% of the new skiff value)
  • An applicant may apply for a $14,500 Advance in Prize Money (approximately 1 year’s Prize Money) to assist with the purchase
  • If required, further Advances to assist with the purchase will need an application to the Board and approval will depend on circumstances

Used Boat**

  • An applicant may apply for a $14,500 Advance in Prize Money (approximately 1 year’s Prize Money) to assist with the purchase
  • If required, further Advances to assist with the purchase will need an application to the Board and approval will depend on circumstances

 

13ft Skiff

New Boat

A new boat (subject to availability) is eligible for a Subsidy and Prize Money Advance (Advance) under the following conditions:

  • A $6,750 Subsidy will be provided by the Club (approximately 25% value of a new boat)
  • An applicant may apply for up to $8,700 in Advance Prize Money (approximately 2 years in Prize Money) to assist with the purchase
  • The remaining balance of the boat to be paid up front by the buyer

Used Boat**

  • An applicant may apply for a $4,350 Advance in Prize Money (approximately 1 year’s Prize Money) to assist with the purchase
  • If required, further Advances to assist with the purchase will need an application to the Board and approval will depend on circumstances

 

Flying 11

New Boat

A new boat (subject to availability) is eligible for a Subsidy under the following conditions:

  • A $5,500 Subsidy will be provided by the Club (approximately 25% value of a new boat)
  • Buyer must match the $5,500 Subsidy up front
  • Remaining 50% of the balance of the boat to be paid back in full up front or within a maximum of 2 years by Direct Debit

 

Manly Junior

New Boat

A new boat (subject to availability) is eligible for a Subsidy under the following conditions:

  • A $3,000 Subsidy will be provided by the Club (approximately 25% value of a new boat)
  • Buyer must match the $3,000 Subsidy up front
  • Remaining 50% of the balance of the boat to be paid back in full up front or within a maximum of 2 years by Direct Debit

 

Terms & Conditions

In order to be eligible for a subsidy and/or grant you must meet the following conditions:

  • Be an active Manly 16ft Skiff Sailing Club or St George Sailing Club member
  • Submit an application
  • Continue to meet the minimum 80% participation rate after receiving any Subsidy or Advance
  • Requests for Advances in Prize Money more than 1 year will require Sailing Manager and/or Board approval

For any new applicant who has not sailed at either Club, an application may be made to the Board for consideration.

Advance: an Advance is any future Prize Money awarded to a 16ft or 13ft Skiff participating in regularly organised racing at either Manly or St George. If the boat owner sells the boat, stops sailing for the Club, or does not meet the 80% participation requirement then any unrealized prize money must be paid back to the Club in full. In the event that money cannot be paid, the Club reserves the right to take ownership of the boat.

Subsidy: a Subsidy will be treated as a loan for a duration of 2 years. Upon completion of 2 years of sailing for the Club at the 80% participation rate, the loan will be extinguished and no requirement be made to pay the money back to the Club. If the boat owner sells the boat, stops sailing for the Club, or does not meet the 80% participation requirement then the Subsidy amount must be paid back to the Club in full. In the event that money cannot be paid, the Club reserves the right to take ownership of the boat.

*A New Boat includes a new hull supplied by ASSA with spars, fittings, and sails, ready to go sailing. Non-ASSA boats are not eligible for Subsidies but are still eligible for an Advance in Prize Money.

**A Used Boat is a boat that has participated in 1 or more sailing seasons. 

TRAVEL ASSISTANCE

2024/2025 Travel Assistance

To assist teams wanting to travel to the Skiff Nationals in Hervey Bay, the Club has approved a maximum of $1,000 per sailor. In order to be eligible to receive the Travel Assistance, a boat must: 

  • Register for the 2024/2025 Skiff Sailing Season by September 1, 2024
  • All crew be Active members at Manly or St George for the 2024/2025 season
  • Compete in 60% of their Club’s scheduled Races prior to December 1, 2024
  • Compete in the Port Jackson Championship
  • Compete in both rounds of the State Championship with 2/3 of their team for a 16ft Skiff (1/2 for a 13ft Skiff) that will compete at Nationals

If your boat is unable to complete any of the eligibility requirements you must write a letter to the Commodore and provide a reason. The letter will be considered and a response provided. 

Should a team not complete any of the above eligibility requirements, the Club reserves to withhold the provided Travel Assistance from the Annual Prize Money won by that boat at their registered Club. 

Upon successful application, Travel Assistance should be paid out promptly to assist with making travel arrangements for the Nationals. 

Applications are limited to one per boat. 

APPLY HERE FOR TRAVEL ASSISTANCE

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