Gazprom To Sponsor St. Petersburg Yacht Club's '17 America's Cup Campaign
Russian gas company Gazprom will sponsor the St. Petersburg Yacht Club during the 2017 America's Cup. Gazprom will launch a new outfit in St. Petersburg called the "Sailing Academy." St. Petersburg Yacht Club will train sportsmen for joining the teams that would take part in the Olympics and other int'l competitions. The club will also create a team to compete in the 2017 America's Cup int'l regatta (Gazprom).