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"It's certainly going to raise the profile of the sport quite considerably" says Andy Hall, from Challenge Wales.
"The Volvo Race, in various formats, has been going for quite a few years now".
"It's a well-known event, and to bring it to Cardiff is going to be good for everybody".
Cardiff will host a stopover during the 2018-17 Volvo Ocean Race, organisers have announced.
It will be the first time the round-the-world race has visited Wales.
Latest ITV News reports
The event, which has never visited Wales before, is billed as 'the world’s premier round-the-world sailing race'.