20 September 2019
Collective investment and diminishing values.
Over the years I have owned 7 Solos and sailed many more classes, I have seen the progression from my wooden Miles and Goslings beauties to the Winders and Ovingtons etc. I recently invested in a Winder 2 and over the past few months have found it to be an excellent bit of kit. The Solo has always been a one design with flexibility to carry a wide range of sailor weights. I’m competing with much lighter sailors and have had some great club racing.
To my surprise I got the request from the NSCA to fill in a survey regarding the changes!! I voted no to all of the changes; I didn’t see the point. The whole point is that, as previously said here “We are all in the SAME BOAT”
It got me thinking about the actual collective damage these changes could do to the fleet, based on some finger in the air estimates I came up with the following…
If we take the boat numbers from when the first FRP Winder was produced to today, the range in boat numbers is approximately 4300 to 5800 that’s 1500 boats. Let’s say that’s the racing fleet in clubs and events across the country. I’m not saying lower numbers don’t race and enjoy their boats I’m just using this for an illustration below.
Let’s consider some VERY rough calculations and say if the average value of the boats in that range is somewhere between £3000 and £4000, its likely to be higher, that multiplies up to £4,500,000 to £6,000,000. Its probably closer to £7 Million
We don’t know what the devaluation will be, I’ll let you do the maths if its 10, 20 or 50% of our collective investment.
Some big losses in the value of investment that Solo sailors have made, be careful what you wish for!
If it aint broke don’t fix it
Last Edited 20 September 2019