He was referring to, among other events, the Vendee Globe, which, although it has seen its share of other nationalities, has been dominated by French entries.
R K-J: "Someone said, [Referring to the 5-Oceans] 'Oh, well you probably won't come back to the States again,' and I said 'We'll definitely have a stop in the States, we always have in this event, it used to start and finish in the States. It doesn't now because the money isn't there. You need to get a big race sponsor to put the money into the race, which is what we've got this time. Last time, we ran it on a shoestring, but we kept the race going. This time we have the sponsor and we put a lot of money into promotion."