Monsoon Cup was first initiated by the Malaysian Prime Minister, Dato Seri Abdullah Ahmad Badawi during his fishing trip in Terengganu with the state Chief Minister Dato Seri Idris Jusoh and state EXCO Dato' Wan Hisham. The Prime Minister thought the monsoon season should be used as an advantage to the state and her people rather than being seen as a hurdle.(Monsoon season last a few months a year in Terengganu mainly between November and January where the fisherman cant go out fishing due to strong waves.)This idea was then brought forward by the state government where later Dato Wan Hisham became the main organiser under T-Best Event which is a company owned by the state to run the event annually. 
The Monsoon Cup 2005 celebrated its inauguration and debut as the 50th official event of the Swedish Match Tour (http://www.swedishmatchtour.com/), and serves as the Malaysian leg for the prestigious international sailing event. Dubbed ?The Formula One of Sailing?, this professional sailing series was formed in 2000 to unite the world?s best match-race regattas under one banner. The Swedish Match Tour comprises nine events in nine specially selected locations around the world. As the leading professional sailing series in the world, the Tour events are recognized as must-attend regattas on the match-race circuit. The Monsoon Cup 2005 was held at Pulau Duyong, Terengganu, from 29 November to 4 December 2005. The Monsoon Cup for the 2006 now offers the highest prize money in the world (RM1 million) for a match racing event with the sponsorship of Mr Richard Mille of Richard Mille Watches. Richard Mille will also be the official time keeper for the event. The Monsoon Cup 2007 will be held at Pulau Duyong, Terengganu, from the 28 November to 2 December 2006.
Source: http://www.monsooncup.com.my/
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