Fractional Boat Ownership
What is Fractional Boat Ownership
Fractional Boat Ownership allows individuals to invest in and co-own one of our J/80 One Design sailboats. This model of ownership offers shared ownership benefits, including reduced rates on ASA courses, racing clinics, and unlimited use of the boat depending on availability. Members also receive preferential status for racing and special events, enhancing their overall sailing experience and investment value.
Shared Benefits
Fractional Boat Ownership allows members to share ownership of a J/80 One Design sailboat with reduced costs and shared benefits.
Cost-Effective Sailing
Owners enjoy unlimited use of the boat depending on availability, making it a convenient and cost-effective option for frequent sailing.
Enhanced Experience
Fractional Boat Ownership includes preferential status for racing and special events, enhancing the overall sailing experience and investment value for members.
How it Works
Fractional Boat Ownership with the Grenada Sailing Club operates on a shared ownership model, where multiple individuals co-own a J/80 One Design sailboat. Owners enjoy the benefits of reduced costs, including maintenance, storage, and insurance, compared to sole ownership. This arrangement allows members access to a high-performance sailboat while sharing the responsibilities and expenses of boat ownership.
Once we have sold four shares in the boats we have now, we will bring in the next boat. Each will be split into four shares. Grenada Sailing Club will buy one share in each boat (Gotta have some skin in the game, right?) leaving three shares available for purchase.
Benefits of Fractional Ownership
Fractional Boat Ownership offers several benefits, including reduced costs as owners share expenses such as maintenance, insurance, and storage fees. It provides access to a high-quality sailboat without the financial burden of sole ownership. Additionally, owners can enjoy the convenience of scheduling sailing time based on availability and receive preferential treatment for racing events and special activities.
- Club membership as long as you maintain your share in the boat
- $500 USD one-time setup fee is waived
- $200 USD annual concierge fee is waived
- Reduced rates on ASA courses
- Reduced rates on racing clinics
- Unlimited use of the boat – depending on availability
- Preferential status for racing and special events
- Guest passes are available
The Fleet
The J/80 is a fast, fun, and comfortable boat to sail. Their deep draft keel and ample ballast give them excellent stability. The large open cockpit makes them a comfortable boat to sail with friends. They are fast and responsive – so fun to sail and race. The sail plan points well and has good upwind speed.
J/Star
J Star – Is a 2005 J/80 built in France. The boat is 8 meters (26 feet) with a large open cockpit, retractable bowsprit designed for flying an Asymmetrical spinnaker. J Star former racing ground was Hamble Point, Bristol, England. The distinctive royal blue hull and star patterns make her shine on the water. She was the first J80 to join the Grenada Sailing Club fleet. She was shipped as deck cargo on a container ship. She sat at the port and we could see her from the water. We couldn’t wait to liberate her from the land to the sea.
JEDI
Jedi – is a 2005 J/80 built in France. Last port of call was Conwy, North Wales. Like her sister, J Star, she wais shipped across the pond.
JOXER
Joxer- is a 2008 J/80 built in France. Last port of call was Falmouth, England. -followed J-Star and Jedi across the Atlantic. We looked all over the world for the best examples of this one design and found a treasure trove of J/80’s in excellent condition in the U.K. due to the short sailing season and passionate owners.
