Challenge Business has chosen Save the Children as the official race charity for the Global Challenge round the world yacht race, which sets sail in September 2004.

The Global Challenge Races, which were founded by Sir Chay Blyth, have generated over £2 million for the international charity since the event began in 1989, with over £1 million raised through the BT Global Challenge 2000/01 alone.

Since the last race, the funds raised have been used to support Save the Children’s long-term projects for health, education and poverty relief around the world for the world’s children.