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
Cowes Week Cowes Week up to forty starts a day for classes of cruiser-racers, one designs and keelboats; up to a thousand boats and 8,000 competitors take part. During this time the Solent, which is a busy commercial waterway, is filled with boats of all classes and is particularly colourful due to the spinnakers (the large rounded sail hoisted at the front of a yacht when running downwind). The different classes of boats are split into either White Group (dayboats) and Black Group (larger boats with cabins). As well as the sailing activities, the week includes a large number of onshore events