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24 February 2005, 09:23 am
Scout Spirit Online Auction
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First Team Real Estate Invitational Regatta

Scout Spirit, the Reichel Pugh 78-foot, fractional rig, maxi turbo sled recently donated to the Newport Sea Base, is being auctioned to race in the First Team Real Estate Invitational Regatta May 19-22.
The boat currently is contending for top big-boat honors in the Corum International Yacht Race from Marina del Rey to Puerto Vallarta.

Scout Spirit was originally known as Zephyrus IV, when it set the current record for the Cape Town to Rio de Janeiro race. Later, it sailed under new ownership and the name Bright Star until donated to the Newport Sea Base.

Those seeking adventure on the water and the speed of world-class racing yachts won't want to miss this unique opportunity to skipper one of the faster sailboats.

'This is a chance to race Scout Spirit for an entire weekend, as if it were your own,' Jay Swigart, event co-chair, explained, 'and your contribution benefits the community, given that auction proceeds are donated to Hoag Hospital and the Newport Sea Base.'

Event co-chair Jim MADDEN said, 'This is truly a unique opportunity to enjoy an e-ticket ride and test your sailing skills against some of the best sailors in the world.'

The top bid also will receive event Silver Sponsor privileges, including logo recognition on Scout Spirit, banners, advertisements and a variety of printed materials, as well as access to elite social functions held throughout the event.

The minimum bid starts at $30,000 with a $500 incremental increase for each new bid. Online auction close date is March 31, 2005. If a bid is placed for $40,000 in the 'buy it now' option, the bidder will win the auction. Auction proceeds will benefit Hoag Hospital and the Newport Sea Base.

The First Team Real Estate Invitational Regatta will bring together top caliber yachts, including the maxZ86s, off-shore racers over 50 feet in length and Transpac 52s. The growing list of boats currently includes America's Challenge II, Bolt, Genuine Risk, Grand Illusion, It's OK, Magnitude 80, Margaritaville, Pendragon IV, Pyewacket, Scout Spirit, Stark Raving Mad, Taxi Dancer and Vicki.

As the facilitating yacht clubs, Newport Harbor Yacht Club and Balboa Yacht Club will provide on-the-water race management for the regatta. First Team Real Estate is the title sponsor, playing a key role in the event preparation and sponsorship support. Silver Sponsors include Bank of America, Daily Pilot, Hewitt, and Merrill Lynch. Additional sponsorship opportunities are currently available. Event proceeds will benefit Hoag Heart and Vascular Institute.

For more information visit the event website via the link below.

Rich Roberts (As Amended by ISAF)
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