Rolex SA is an Swiss watchmaking manufacturer of high-quality, luxury wristwatches. Rolex watches are popularly regarded as status symbols and BusinessWeek magazine ranks Rolex No.71 on its 2007 annual list of the 100 most valuable global brands. Rolex is also the largest single luxury watch brand, producing about 2,000 watches per day, with estimated revenues of around US$3 billion .
The Fédération Monégasque de Voile is the national governing body for the sport of sailing in Monaco, recognised by the International Sailing Federation. This organisation is in effect part of the Yacht Club de Monaco which is the only Sailing Club in the Country.