The regatta is a high level event for Cruisers (IMS) included in the calendar of the Real Federaciķn Espaņola de Vela and is
sponsored by the Mallorcan firm Cronomar, S.A. via the Breitling watches, and also by the Govern Balear, via the Welfare Council
and the Balearic Institute of Tourism (Ibatur), an entity dependent on the local Ministry for Tourism.