Corporate sponsorship of athletes and sports is a happy symbiosis.
Mention Michael Jordan or Tiger Woods and one thinks of Nike.
There isnt a goal scored in Panamanian soccer without the familiar
howl "Gooool-dstar!"
Sponsors get lots of air time for their slogans on courts and
playing fields; and athletes get the support they need to compete
professionally. When a brand name can make a star and vice versa,
when excellence is associated with prowess
and product, then everyone is a winner.?
Triathletes John and Judy Collins take a sip
of a sponsors product after the Coronado
Hotel & Resort International Sprint Triathlon.
A new sport thus creates an opportunity for a corporation to "discover" it and experience a unique pride of association. So it is with
the triathlon, often called "the sport of the new millennium." A triathlon combines swimming, biking and running in a grueling
test of discipline and endurance. It has become so popular that
it was an Olympic sport in the Sydney 2000 Games.
Panama has a special role to play in the development of the triathlon.
John Collins invented the "Ironman" triathlon in 1978, while stationed in Hawaii with the US Marine
Corps. Now retired, he and his wife Judy have chosen this country
as their home, and Portobelo as the location for an Olympic distance
rough terrain qualifying event. Last years Portobelo Triathlon
received favorable international magazine coverage and attracted
top athletes f
rom around the world. The "coral-cows-canons experience," as it is dubbed by Collins, is endorsed this year by Samsung
Elecronics.
Panamanian Jorge Heilbron won this past
December's Coronado Hotel & Resort Sprint
Triathlon, but it wouldn't have happened without
the corporate sponsors.
The Samsung International Portobelo Triathlon 2001 will be held
March 18 and will include the Olympic distances: 1500 meter sea
swim; 40 km. mountain bike course; 10 km.
trail run. A total of $25,000 in cash and prizes makes the Samsung
Portobelo International Triathlon the most lucrative in Central
America for competitors.
The event is also endorsed by Copa Airlines, which always promotes
Panamanian tourism opportunities; Cable and Wireless; HSBC, Helipan
Corp, Orient Watches and Caesar Park among others. Aqua Viva is
an important sponsor, donating water for the athletes, among other
things. Rali and Speedo are also lending sports specific support.
In addition to the Samsung Portobelo Triathlon, the Melo Group
is promoting the Melo 2001 Series of sprint distance triathlons,
good practice for the big event. The first sprint will be held
January 28 at Albrook, and the second February 18 at Amador.
Panamanian Triathlon Union (UTP) president Allan Baitel believes
that the sport has great potential for promoting local tourism.
A triathlon can draw up to 1500 athletes and bring thousands of
spectators. Baitel and Collins are sure that many will return
for future training or vacationing.