Paprec invests 8.5M euros in Vendée Globe 2028 project

The French recycling group Paprec has announced an 8.5 million euro investment to support skipper Yoann Richomme for the 2028 Vendée Globe. This commitment comes at a time when several historical sponsors in offshore racing have recently withdrawn from the sport. Paprec will fully fund the construction of a new IMOCA vessel designed by architect Antoine Koch, in addition to 2 million euros in annual operating costs for Team Paprec.

Separately, the 1000 Race is expanding its scope by joining the IMOCA Globe Series. Scheduled to take place between April 28 and May 9, the event will run between Port-la-Forêt and Concarneau. This competition marks a strategic milestone for the 2026 season, which focuses on solo sailors preparing for the Route du Rhum.