Created in 1992 by alumni from INSEAD, the Alumni Business Cup Regatta (ABCup)  is open, upon invitation, to the alumni of some of the best-known US and European business schools. The ABC is supervised by the Alumni Business Cup Association, a non profit organization registered under the French law.

The crews usually comprise 6 to 8 persons (in 2015 and 2016,  only 4 to 5 persons and smaller sport boats) , 66% of each crew, including the skipper and the most experienced sailor onbard, must be alumni, faculty or students (no hired guns). Families and friends most welcome.

Each year since 1992, during 3 days of intense but congenial competition, beginners as well as experienced hands defend their banners at sea and on shore.