This still left them with a dilemma in terms of the prize. A race for the fastest time around the world was a logical subject for a prize, but there would obviously be considerable interest in the "first" person to complete a non-stop circumnavigation, and there was no possibility of persuading the possible candidates to wait for a combined start. The "Sunday Times" therefore decided to award two prizes: the "Golden Globe" trophy for the first person to sail single-handed, non-stop around the world; and a £5,000 prize () for the fastest time.