The news was broken at the closing party and Gala Dinner of the highly successful 2013 Cape Panwa Hotel Phuket Raceweek.
Founder and now former rights holder Grenville Fordham made the handover official in front of 500 sailors, VIPs, guests and the media.
''I'm very happy with how Raceweek has grown over the years and I am proud of what I and the Image Asia team have achieved,'' said Mr Fordham, Managing Director of Image Asia Events.
''For myself, it is time to move on and in looking for someone to take the regatta forward I could not have found better than the Media Business Services team.
''Byron and Khun Kanyarat have been very hands-on co-organising this year's event and have done a great job.
''They now know what's involved from beginning to end to make this regatta work, and I have full confidence in them continuing its tradition of success.''
Looking to the future, Mr Jones said: ''We are very excited to be entrusted with the future of Cape Panwa Hotel Phuket Raceweek.
''We are not actually new to the event, having been a media partner for a number years through our other business, 91.5FM Phuket Island Radio, and having worked closely with Grenville and the Image Asia Events team in a co-organiser capacity this year.
''We are aware of what makes this event such a success and judging by the feedback at the closing party and since, 2013 was one of the most successful yet.
''We won't be changing an award-winning formula, just contributing some new ideas and developments that we believe will make the event an even more enjoyable experience for all involved.''
The 2013 Cape Panwa Hotel Phuket Raceweek welcomed a bumper 37-strong fleet for the 10th Anniversary and sailors enjoyed some of the best racing yet off Phuket's southeast coast.
The dates for 2014 have already been set: the 11th Cape Panwa Hotel Phuket Raceweek will take place from July 16-20 at Cape Panwa Hotel and Spa Phuket.