1. Definitions
In these Terms and Conditions, the following definitions apply:
- "The Company" means The Mälu Club Limited, a company registered in England and Wales (Company No. 15059759).
- "The Guest" means the individual or corporate entity making a booking and any persons attending the Event under that booking.
- "The Event" means the Monaco Grand Prix Superyacht Experience or any other event organised by The Company, as specified at the time of booking.
- "Holding Deposit" means the initial non-refundable payment of £500 per person made at the time of booking to secure a place.
- "Balance" means the total ticket price less all payments made to date.
- "Booking Confirmation" means the written confirmation issued by The Company following receipt of the Holding Deposit.
- "Force Majeure Event" means any event beyond the reasonable control of The Company, including but not limited to cancellation of the Monaco Grand Prix by the FIA or ASC, acts of God, pandemic, war, terrorism, or government restriction.
2. Booking and Contract Formation
2.1 A binding contract between The Company and the Guest is formed upon payment of the Holding Deposit and the Guest's acceptance of these Terms and Conditions at the point of checkout.
2.2 The Company will issue a Booking Confirmation by email within 5 business days of receiving the Holding Deposit. The contract is formed at the point of deposit payment, not upon receipt of the Booking Confirmation.
2.3 Bookings are accepted subject to availability. The Company reserves the right to decline any booking at its sole discretion, in which case any deposit paid will be refunded in full.
2.4 The Guest warrants that they are aged 18 or over and have the legal capacity to enter into a binding contract. Corporate bookings must be made by an authorised representative of the relevant organisation.
2.5 These Terms constitute the entire agreement between the parties and supersede all prior representations, negotiations, or agreements relating to the Event.
⚠️ By paying the Holding Deposit, the Guest acknowledges that all payments made under this agreement are strictly non-refundable and that they are committing to the full payment schedule set out in Clause 3 below.
3. Payment Schedule and Terms
3.1 Holding Deposit
A non-refundable Holding Deposit of £500 per person is payable at the time of booking via the secure Stripe payment link provided. Payment of the Holding Deposit secures the Guest's place and constitutes acceptance of these Terms in full.
3.2 Payment Schedule — Bookings Made More Than 180 Days Before the Event
Where a booking is made more than 180 days before the first day of the Event, the following phased payment schedule applies:
| Stage | Amount Due | Due Date | Method |
|---|---|---|---|
| Holding Deposit | £500 per person (non-refundable) | At time of booking | Stripe — online |
| First Instalment | 25% of total ticket price, less the Holding Deposit already paid | Within 28 days of the Holding Deposit payment date | Invoice (or auto-charge where balance is under £2,500) |
| Second Instalment | 37.5% of total ticket price | As specified in the invoice issued by The Company | Invoice |
| Final Balance | Remaining balance (37.5% of total ticket price) | No later than 180 days before the first day of the Event | Invoice |
3.3 Payment Schedule — Bookings Made Within 180 Days of the Event
Where a booking is made 180 days or fewer before the first day of the Event, the full balance (less the Holding Deposit already paid) becomes immediately due and payable upon receipt of invoice from The Company. The Company will issue this invoice within 5 business days of the Holding Deposit being received.
3.4 Invoicing and Payment Method
3.4.1 All instalments and balances will be invoiced by The Company unless the outstanding balance is less than £2,500, in which case The Company reserves the right, at its sole discretion, to collect payment automatically via the payment method used for the Holding Deposit without issuing a separate invoice.
3.4.2 Invoices are payable within 14 days of the invoice date unless a shorter period is specified. Where the 180-day deadline falls within 14 days of invoice, payment is due by the 180-day deadline.
3.4.3 The Company reserves the right to charge statutory interest on overdue invoices at 8% above the Bank of England base rate under the Late Payment of Commercial Debts (Interest) Act 1998.
3.5 Price and VAT
All prices quoted are in pounds sterling (GBP). Prices are stated inclusive of any applicable VAT unless expressly stated otherwise. The Company will provide a VAT receipt upon request where applicable.
Example — Sunday Race Day ticket at £10,000 per person (booked 200 days before the event):
Holding Deposit: £500 · First Instalment (within 28 days): £2,000 (25% minus £500) · Second Instalment: £3,750 · Final Balance: £3,750
4. Non-Refundable Payments and Cancellation by the Guest
4.1 The Holding Deposit and all subsequent instalment payments are strictly non-refundable under any circumstances, save as expressly set out in Clause 7 (Force Majeure) of these Terms.
4.2 The Guest acknowledges that The Company incurs significant upfront costs in securing the superyacht berth and associated Event infrastructure, which may amount to £500,000 or more, and that the non-refundable nature of all payments reflects this material financial commitment.
4.3 In the event of cancellation by the Guest at any stage:
- All payments made to date are forfeited in their entirety and are non-refundable
- The Guest remains liable for any outstanding balance that has fallen due at the date of cancellation
- The Guest's place will be released and may be resold by The Company at its discretion
- No credit, transfer of funds, or part-refund will be offered
4.4 Cancellation must be made in writing to info@themaluclub.com. Cancellation is effective from the date The Company acknowledges receipt of the written notice.
4.5 Each payment made under this agreement constitutes a separate, non-refundable part-payment of the total contract value. Default on any instalment does not entitle the Guest to a refund of prior payments.
⚠️ These Terms apply to events which are exempt from the 14-day cooling-off period under Regulation 28 of the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013, as they relate to leisure services for a specific date.
5. Default and Missed Payments
5.1 If the Guest fails to make any payment by the due date, The Company will issue a written notice of default by email.
5.2 If payment is not received within 7 days of the default notice, The Company reserves the right to:
- Cancel the Guest's booking immediately and without further notice
- Forfeit all payments made to date without refund
- Release the place for resale to a third party
- Pursue the Guest for any outstanding balance that had fallen due at the date of cancellation as a debt
5.3 The Company's right to pursue outstanding balances as a debt is not affected by the cancellation of the booking. The Guest acknowledges that each payment instalment is a contractual obligation and that non-payment constitutes a breach of contract.
5.4 The Company reserves the right to recover reasonable legal costs and expenses incurred in enforcing payment of any outstanding sums.
6. Transfers and Name Changes
6.1 The Guest may request a transfer of their booking to another named individual, subject to the following conditions:
- The request must be made in writing to info@themaluclub.com no later than 30 days before the first day of the Event
- The replacement guest must meet any applicable entry requirements
- A transfer administration fee of £150 per person applies
- Transfers are not permitted within 30 days of the Event under any circumstances
6.2 Bookings are non-transferable for cash value and may not be sold, gifted, or assigned to a third party for commercial gain.
6.3 Corporate bookings may substitute individual guest names at no charge up to 14 days before the Event, subject to written notification to The Company.
7. Force Majeure and Event Cancellation
7.1 In the event that the Monaco Grand Prix is cancelled, postponed, or materially altered by the FIA, Automobile Club de Monaco, or any governing authority beyond the reasonable control of The Company, The Company will not be liable for any losses incurred by the Guest.
7.2 In such circumstances, The Company will use reasonable endeavours to offer the Guest one of the following at its sole discretion:
- A credit note for the full value of payments made, valid for the equivalent event in the following calendar year
- A partial credit reflecting recoverable costs, where The Company is able to recover any element of the berth or supplier costs
7.3 The Company is not obliged to offer a cash refund in Force Majeure circumstances. No compensation, travel, accommodation, or consequential loss will be payable by The Company.
7.4 Where The Company cancels the Event for reasons other than Force Majeure and within The Company's reasonable control, the Guest will receive a full refund of all payments made.
8. Event Delivery and Inclusions
8.1 The Company will use all reasonable endeavours to deliver the Event as described on its website and marketing materials. However, specific elements of the Event programme — including but not limited to entertainment, guest appearances, culinary providers, and vessel specification — are subject to change without notice where necessitated by circumstances beyond The Company's control.
8.2 The Company reserves the right to substitute any element of the Event with an equivalent alternative of equal or greater value without liability to the Guest.
8.3 Tickets are for the experience as a whole. The Guest is not entitled to a partial refund or compensation if any individual element of the programme is varied, cancelled, or unavailable.
8.4 The Event is not subject to any right of return. Once the Event has taken place, no claims for service failure, dissatisfaction, or partial non-delivery will be entertained except where The Company has failed to provide the core superyacht hospitality experience.
9. Guest Conduct and Right of Admission
9.1 The Company reserves the right to refuse admission to or remove from the Event any Guest whose behaviour is deemed by The Company to be disruptive, abusive, or likely to cause harm or offence to other guests, staff, or third parties. No refund will be payable in such circumstances.
9.2 Guests are expected to comply with all reasonable instructions given by The Company's staff, the vessel captain and crew, and any applicable security personnel at all times.
9.3 Guests are responsible for their own safety and the safety of any guests in their party. The Company accepts no liability for personal injury or loss of personal property except where caused by The Company's negligence.
9.4 The minimum age for attendance at the Event is 18 years. The Company reserves the right to request proof of age.
10. Photography, Film and Media
10.1 The Event will be filmed and photographed for promotional, marketing, and editorial purposes. By attending the Event, the Guest consents to being filmed, photographed, and recorded, and to The Company using such material in perpetuity across all media channels including social media, print, and digital advertising.
10.2 If the Guest does not wish to be included in promotional material, they must notify The Company in writing at least 14 days before the Event. The Company will make reasonable efforts to accommodate such requests but cannot guarantee exclusion from all footage.
10.3 Guests may take personal photographs and videos for non-commercial use. Commercial use of any content captured at the Event without The Company's prior written consent is prohibited.
11. Liability
11.1 The Company's total liability to the Guest under or in connection with these Terms, whether in contract, tort (including negligence), or otherwise, shall not exceed the total amount paid by the Guest for their booking.
11.2 The Company shall not be liable for any indirect, consequential, or special loss including but not limited to loss of profit, loss of enjoyment, travel costs, accommodation costs, or any other costs incurred in connection with attending or being unable to attend the Event.
11.3 Nothing in these Terms limits The Company's liability for death or personal injury caused by its negligence, fraud or fraudulent misrepresentation, or any other liability that cannot be excluded by law.
11.4 The Guest is strongly advised to obtain comprehensive travel and events insurance covering cancellation, personal accident, and loss of property prior to making a booking.
12. Data Protection
12.1 The Company processes personal data in accordance with its Privacy Policy, which forms part of the overall agreement between the parties. By making a booking, the Guest acknowledges having read and understood the Privacy Policy.
12.2 Payment card data is processed exclusively by Stripe Inc. and is never stored by The Company. Stripe's processing is governed by Stripe's own terms and privacy policy.
13. Governing Law and Disputes
13.1 These Terms and any dispute or claim arising out of or in connection with them (including non-contractual disputes) shall be governed by and construed in accordance with the law of England and Wales.
13.2 The parties irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with these Terms.
13.3 In the event of a dispute, the parties agree to first attempt to resolve the matter by good-faith negotiation. If resolution cannot be reached within 30 days, either party may refer the matter to the courts.
14. General
14.1 Entire Agreement. These Terms, together with the Privacy Policy and any Booking Confirmation, constitute the entire agreement between The Company and the Guest in respect of the Event.
14.2 Severability. If any provision of these Terms is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.
14.3 Waiver. No failure or delay by The Company to exercise any right under these Terms shall constitute a waiver of that right.
14.4 Amendments. The Company reserves the right to amend these Terms at any time. Any amendments will be published on this page. Bookings made prior to an amendment remain subject to the Terms in force at the time of booking.
14.5 Third Party Rights. These Terms do not create any rights enforceable by any third party under the Contracts (Rights of Third Parties) Act 1999.
Contact for all booking and contractual matters:
The Mälu Club Limited · Company No. 15059759
Email: info@themaluclub.com
Telephone: +44 (0) 7496 472 028