The Philadelphia Gold Challenge Cup Foundation today introduced THE GOLD CUP TRIPLE CHALLENGE competition, the first international rowing series that offers prize money of $50,000 to any rower, male or female, who places first in the following three 2018 single-scull championship events: Henley Royal Regatta, the World Rowing Championships, and the Philadelphia Gold Cup race.
The event builds on the Gold Cup Foundation's mission to raise the profile of sculling around the world, in part by supporting elite athletes' training and development financially through the recognition of premier sculling events with prize money.
In 2011, the Foundation re-established an international single sculling competition in Philadelphia called The Gold Cup, in which four of the fastest male and female scullers in the world compete in a 750 meter sprint race for the title of world's fastest single sculler and $10,000 in prize money. Recent winners of the Gold Cup race have gone on to medal in subsequent Olympic Games.
To encourage the development of elite U.S. single sculling, in 2017 the Foundation also introduced a triple crown event for American rowers called the Lotman US Challenge, with the hopes of encouraging more U.S. rowers to take up two oars and represent the country on the winners' podium at international competitions. American single scullers Felice Mueller and John Graves took the first place prize of $9,000 in the event's inaugural year.
Now, the GOLD CUP TRIPLE CHALLENGE, open to athletes across the globe, will further raise the prominence of single sculling among the world's best athletes.
Bill McNabb, chairman of the Philadelphia Gold Challenge Cup Foundation, said: "We're passionate about supporting elite rowers and believe that THE GOLD CUP TRIPLE CHALLENGE will inspire a new generation of athletes to focus on single sculling, and expand the fan base for sculling with the exciting prospects of a triple-winning champion."
The GOLD CUP TRIPLE CHALLENGE is underwritten by CFC Underwriting provided by Roehrs & Company of Assured Partners. To qualify for the cash prize, rowers must compete in and win first place in all three of the selected single sculling events. The first will be The Diamond Challenge Sculls and The Princess Royal Challenge Cup single sculls races at the Henley Royal Regatta, to be held from 4 to 8 July, 2018. This will be followed by the World Rowing Championships held in Plovdiv, Bulgaria from 9 to 16 September, 2018, and the Gold Cup race, held at The Head of the Schuylkill Regatta in Philadelphia on 27 October, 2018.