Cowes Week after its new sponsor, Lendy - The Property Platform. The festival originates from the Prince Regent's interest in yachting which continued after he became George IV in 1820. The first race started at 09:30 on Thursday 10 August 1826 with the prize of a "Gold Cup of the value of £100" and was held under the flag of the Royal Yacht Club, which later became the Royal Yacht Squadron. Another race was held the next day for prize money only (£30 for first place, £20 for second). Until World War I, big cutters and raters were raced by gentlemen amateurs
Isle of Wight it includes a number of significant obstacles such as the Needles and the overfalls at St Catherine's Point. The traditional start and finish were at Ryde Rowing Club; however, other starts have been chosen in recent years to give a tidal advantage. Cowes is a centre for sailing, hosting several racing regattas. Cowes Week is the longest-running regular regatta in the world, with over 1,000 yachts and 8,500 competitors taking part in over 50 classes of racing. In 1851 the first America's Cup race was around the island. Other major sailing events hosted in Cowes include the Fastnet race, the