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
S&S 34 lighter, as well as being much stronger and stiffer. In 2011, pre-1980 boats sell for between $15,000 and $22,000 and new Constellation class boats cost from about $200,000 fully rigged. The first production S&S 34 built was "Morning Cloud", owned by Sir Edward Heath. Heath had seen the boat at the 1969 London Boat Show and sailed it to win the 1969 Sydney to Hobart Yacht Race as well as a class win in the Fastnet Race off Cowes. S&S 34 designs were overall or prize winners in every Sydney-Hobart race from 1969 to 1974, they were placed 1st and