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
Cup of the Ptolemies to the Holy Roman Emperor Charlemagne before being passed down through the French kings, one of whom eventually donated it to the abbey of Saint Denis. The cup was occasionally used as a chalice for communion wine, and figured in the coronation of the French monarch, at which, according to S. G. Millet as quoted by Conway, the queens took "ablution from this chalice, after holy communion". In 1634, the cup was estimated to be worth around 25,000 livres, with the gem-encrusted gold mountings valued at 1,200 livres. Until September 1791 it formed part of the treasury of the Basilica