Caterham Technology and Caterham Composites CEO Mike Gascoyne will tackle his first solo transatlantic sailing crossing next month, it has been announced.

Gascoyne will sail from Europe to the West Indies in 'Caterham Challenge', a class 40 offshore racing yacht that will carry Caterham's green and yellow colours. Caterham Composites, Caterham Group's specialist composite materials design and manufacturing arm, is already active in the top level of competitive sailing through its partnership with Alex Thomson Racing and 5 West and this crossing will help highlight that partnership.

"Ever since I was very young I've thrived on pushing myself physically and mentally and doing my first solo transatlantic crossing is my next big challenge," Gascoyne said. "Sailing is a real passion, something I've been lucky enough to do since growing up in Norfolk and now, with the help of Alex Thomson and 5 West, I'm about to take on something only a small number of people can say they've done.

"Preparations for the journey are going perfectly. Alex and his team are working very closely with me to make sure we have covered everything in the run up to the departure from the Portugal on 28 November 2012 and they will be overseeing the crossing from their base in the UK.

"This challenge is also a very good way of demonstrating Tony Fernandes' and Caterham Group's commitment to making dreams come true, and showing that we are right in the heart of the businesses we work in.

"I want to thank Tony and Riad for this opportunity as without their support I would not have this chance. Through the partnership Caterham Composites has with Alex Thomson Racing we are already bringing our expertise to the marine industry and this is a very good chance for us to show that we not only work in Alex's world, we actively take part in it."

Phil Hall, Managing Director, Caterham Composites added: "I'm delighted that Caterham Composites has the opportunity to be involved in this unique project. Our recent work with Alex and his team and now Mike's crossing in the Caterham Challenge, is a perfect way for us to demonstrate our commitment to the marine industry.

"We will be using the opportunity to collect some valuable data from the Caterham Challenge boat in preparation for some new marine based development projects. We will obviously be providing up to date coverage of the event on our website and looking forward to what I'm sure will be a great event."