Cowes for the use of Queen Elizabeth I sowed the seed for Cowes to grow into a world-renowned centre of boat-building. However, seafaring for recreation and sport remained the exception rather than the rule until much later. It was not until the reign of keen sailor George IV that the stage was set for the heyday of Cowes as 'The Yachting Capital of the World.' In 1826 the Royal Yacht Squadron organised a three-day regatta for the first time and the next year the king signified his approval of the event by presenting a cup to mark the occasion. This became
Cowes Week 1897, her Diamond Jubilee year. Eleven boats entered the first Queen's Cup race on 9 August 1897. It was won by Latana, a 165-ton yawl owned by Mr W M Johnstone, by far the biggest boat in the race. The Cup was subsequently raced for on the opening day of Cowes Week but, shortly after the turn of the 20th century, it was mysteriously lost. Re-discovered in 1937 in a second-hand shop in Cardiff by a club member, Captain "Jonah" Jones, the Cup was bought back for the princely sum of £35. The Queen's Cup has traditionally been awarded by