Australia's gallant sailors were hardly out of sight before another nation challenged the U.S. for the America's Cup, international yachting's oldest and most prized trophy. Having tried and failed 16 times in the past in years, Britain wanted to race again—and the sooner the better. To the New York Yacht Club went a formal challenge from London's Royal Thames Yacht Club proposing a race next summer. One new British 12-meter yacht was already abuilding in Scotland (her designer: David Boyd, who also designed the ill-starred Sceptre, which lost four straight to the U.S....
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