In September 1956, a Royal Yacht Squadron syndicate was formed to build a 12 Metre for the 1958 America's Cup. The UK challenger was selected based on model tank testing and David Boyd's second design was chosen."Sceptre" was launched at the yard of Alexander Robertson and Sons Ltd on 2 April 1958, but lost to the New York Yacht Club yacht "Columbia" in September 1958. "Sceptre" is currently owned and raced by the Sceptre Preservation Society. Alexander Robertson and Sons Ltd also built two of the earliest 12-Metres: "Heatherbell" (designer Thomas Glen-Coats, 1907), which represented Finland in the 1912 Summer Olympics; "Cyra" (designer Alfred Mylne, 1909).