After winning the Volvo Ocean Race in 2008-2009, Sweden’s Ericsson team decided against participating in the next race. Finding the victory to be a perfect ending to the team’s previous involvement in the event, the team found it to be a good time to move onto something new.
Ericsson had the largest budget of all teams in that particular race, and had a second yacht, the Ericsson 3, entered in the race as well, coming in 4th place. The victor Ericsson 4 yacht was led by Torben Grael of Brazil.
Deciding to no longer participate in the Volvo Ocean Race was a difficult one for Ericsson, as the feedback and experience for them was worthwhile. However, they find this time to take a moment and seek out new adventures.
Organizers of the next Volvo Race, set to begin at the end of 2011, anticipate a dozen competitors to enter. The next race will begin in eastern Spain, near Alicante, which is where the Volvo headquarters is currently located. So far, just a Brazilian team has signed up to race in 2011. In March of 2010, the route for the next race will be announced.
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