While many superyacht regattas nowadays focus on the Mediterranean and the Caribbean, a somewhat exotic variant is taking place in January, although it involves a very long journey for most sailors. From 23 to 26 January, New Zealand is hosting the Millennium Cup. Initiated in 2000 to accompany the America's Cup, the event has developed into a regatta for which between six and ten superyachts enter each year. The list of participants for the races in the Bay of Islands currently includes "Ammonite", "Tawera", "Janice of Wyoming", "Silvertip" and "Sassafras".