[3] In 2012, he won the Jules Verne Trophy as helmsman and trimmer for Loïck Peyron, on the maxi-multihull Banque Populaire V.[4] He then became the first British sailor with four non-stop laps of the world.

[6][7] This two-year campaign follows on from Mike's successful 2012 solo transatlantic aboard a "Caterham Challenge" branded Class40.

The Campaign objectives are to bring F1 standards of technology and logistics to off-shore racing, to encourage green, sustainable and reusable energy technologies in the marine, automotive and aerospace sectors and to utilize Caterham's extensive experience in F1, R&D, engineering, competitive sailing and sports marketing.

Caterham Challenge was first on public display during the Southampton boat show 2013 followed by sailing and training in The Solent and the English Channel.

[9][10] Caterham Challenge started at the Transat Jacques Vabre on 7 November 2013 with Mike Gascoyne as skipper and Brian Thompson as co-skipper, leaving Le Havre, France for Itajai, Brazil.