BSW signs Shell and Red Bull as sponsors

Thu, Oct 20th 2011, 09:57 AM

As preparations for Bahamas Speed Week enter the home stretch, organizers have announced major  partnerships with companies and launched their online ticketing system.
Jimmy Lowe, president of the event, formally welcomed Royal Dutch Shell as the official oil and gas provider.
Red Bull, the energy drink, is expected to sign on with Bahamas Speed Week as early as tomorrow, Guardian Business has learned, as more and more international companies clammer for a place in the Paddock Club at the center of the track in Arawak Cay.
"In the last week, we have signed three major sponsors," Lowe explained.
"It's still a work in progress as we gear up for November 30. There are also some car companies now looking to get involved and we expect more local companies to step up before long."
Running from November 30 until December 4, the event promises to not only feature more than $100 million worth of cars, but attract prominent members of the corporate community to Nassau.
Spots in the Paddock Club, a popular convention in the Formula 1 Circuit, are now selling for $10,000 each to start, with bronze, silver, gold
and platinum packages also available.
Participants from the U.S. and the UK are shipping in the vintage cars for the event.
In fact, Lowe explained that cars from Europe are actually being shipped tomorrow, as it will take up to a month for the vehicles to arrive and pass customs.
New major sponsors of the event include Callenders and Co., Bahamas Waste, Ardastra Gardens, and Bahamas Fast Ferries, according to Lowe.
Meanwhile, Bahamas Speed Week (www.bahamasspeedweekrevival.com) is rolling out ticket sales to the public for events taking place throughout the week.
"They are online and for sale," Lowe added.
"We've had interest as far afield as the UK and Australia. We'll also have tickets available at the cultural festival this weekend."
A combined 8,000 tickets are available for purchase.
While many of the VIP slots have limited availability, Bahamas Speed Week said many attracted packages are still available.
As organizers finish their preparations, Lowe pointed out the Ministry of Public Works and Transport have also stepped up by "tearing up everything" at Arawak Cay and repaving the roads.
The temporary track will be set up at Arawak Cay, and while the much-needed work was originally expected to be done in December, the government agreed to "speed it up to help us with the event".
Talks are also underway between Bahamas Speed Week and government officials regarding the possibility of a formal track for future events in an effort to attract tourists and big business dollars.

Click here to read more at The Nassau Guardian

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