A FLYING HORSE ON A SLOW TRACK TO HAWAII

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42nd TRANSPACIFIC YACHT RACE Transpacific Yacht Club
Starts July 1-4-6, 2003

July 9, 2003, For Immediate Release

A FLYING HORSE ON A SLOW TRACK TO HAWAII

LOS ANGELES—“A big cheer on board the mighty Pegasus.”

That was the word from Pegasus 77 owner/skipper Philippe Kahn after
Wednesday morning’s position reports showed his Reichel/Pugh 77 had taken
the lead from Roy E. Disney’s R/P 75 Pyewacket in their Division 1 match
race of the 42nd Transpacific Yacht Race to Hawaii.

Both boats suffered in winds lighter than usual. Grant Baldwin on the
communications vessel Alaska Eagle reported, “Weather conditions have
deteriorated for the entire fleet. Trade winds are down, boat speeds are
down . . . and fish count is down.”

Pegasus 77 sailed only 265 miles in the previous 24 hours but that was 31
miles more than Pyewacket, which has endured the added pain of bearing
south away from the rhumb (direct) line in search of a stronger breeze.
Pegasus 77 is now headed more directly toward the finish line 1,447 miles
away, eight miles closer than Pyewacket in the 2,225-nautical race.

“We invested in the south and our investment is starting to pay off,” Kahn
said. “We are now ahead on all leaderboards. But this is a long race and
our competition is tough. We’re not even halfway to Honolulu. This may be a
race where the lead changes a few times more.”

Although Kahn also noted that Pegasus 77’s 24-hour average speed of 11.4
knots was “not bad for light air,” it was far off pyewacket’s record pace of
12.4 knots over 7 1/2 days in 1999. At the moment Pegasus 77, the 2001 Barn
Door winner is projected to finish about two hours in front but about half
a day off the record.

The unstable conditions are such that two smaller Transpac 52s sailing in
better wind patterns had better days than Pyewacket. Division 2 leader Beau
Geste, sailed by Hong Kong businessman Karl Kwok, logged 235 miles, and Bill
Turpin’s Alta Vita from San Francisco was second only to Pegasus 77 with
254.

Perhaps significant is that Stan and Sally Honey’s Cal 40, Illusion,
regained the race’s overall lead on corrected handicap time as it sailed
farther south than any other boat except Andy Sibert’s Enchanted Lady, a
Roberts 55 ketch from Seal Beach, Calif. had the best day among the
Aloha competitors with 173 miles.

Just slightly ahead of the big boats now after starting two days earlier on
July 4, the smaller Division 3 and 4 boats continued to slog along as best
they can. Earlier, Honolulu’s Dan Doyle, sailing the 1D35 Two Guys On the
Edge with Bruce Burgess filed surprisingly upbeat e-mail reports via
satellite.

“Now is the part of the race where Two Guys should begin to pick up the pace
on the other boats,” Doyle wrote. “The only case where that will be
difficult is if we spend the entire race in light winds, making this a
displacement/waterline race rather than a planning one. Time will tell.

“We had an interesting day today with electronic problems continuing to
plague the boat. We took on a lot of water right into the nav/electronic
station which has impacted our ability to use our radio effectively and has
generally wreaked havoc throughout the boat. I spent virtually all day with
Bruce driving and I crawled around the bilge trying to diagnose the
problems.

“The wind is blowing right down the rhumb, our fishing line is out and I am
having a nice glass of red wine. All and all, not too bad of a day. For
now, it’s on to the south!”

Australian James Neill’s Super 30, The Cone of Silence, returned to Long
Beach around midnight Tuesday after dropping out last Saturday. He was
welcomed by Marina Shipyard operator Bud Tretter with sandwiches and a case
of beer—not quite the luau welcome customary at Waikiki but a great relief
to family and friends back home who hadn’t heard a word for three days and
were in no mood to appreciate the boat’s appropriate name.

“We are back safe and sound,” Neill reported. “We were unable to get through
to Alaska Eagle on bed check or today’s [roll call] and would be grateful
if you would pass on the message. Thanks for having us in your race. We hope
to give it another try in 2005.

“For the record, the reason we retired is the boat suffered damage to its
jet drive doors due to operator error. In essence, we have a jet drive which
sucks water up through a door and then out through another. Someone
accidentally opened the cleat that holds the doors shut. This went unnoticed
and eventually, the water pressure coming in through the half-opening blew
the back door off its hinges.

“It took some time to notice the damage and frankly we couldn’t work out why
we were so slow. We tried to fix it in the water but just couldn’t. It will
take two minutes to fix the crane.

“Lastly, the radio earth [ground] was attached to the doors, which might
have been the reason we were unable to reach Alaska Eagle today.”

JULY 9 POSITION REPORTS

(Listed in order of corrected handicap time; actual miles to go noted)

RACING DIVISION

Division 1 (started July 6)

1. Pyewacket (R/P 75), Roy E. Disney, Los Angeles, 1,447 miles to go.
2. Pegasus 77 (Reichel/Pugh 77), Philippe Kahn, Honolulu, 1,455.

Division 2 (started July 6)

1. Beau Geste (Transpac 52), Karl Kwok, Hong Kong, 1,523.
2. Grand Illusion (Santa Cruz 70), James McDowell, Lahaina, H.I., 1,561.
3. Alta Vita (Transpac 52), Bill Turpin, Santa Cruz, Calif., 1,566.
4. Pendragon 4 (Davidson 52), John MacLaurin, Marina del Rey, Calif., 1,596.
5. Medicine Man (Andrews 61), Bob Lane, Long Beach, Calif., 1,539.
6. Icon (Perry 65), Richard Robbins/Jim Roser, Seattle, 1,582.
7. Vicki (Andrews 68), Al and Vicki Schultz, Long Beach, 1,558.
8. Bengal II (Ohashi 52 ),Yoshihiko Murase, Nagoya, Japan, 1,652.
9. Helsal II (Adams 60), W.E. Rawson, Melbourne, Australia, 1,727.
WD—Renegade (Andrews 70), Dan Sinclair, Vancouver, B.C., Canada.

Division 3 (started July 4)

1. Maitri (J/160), Peter Johnson, San Diego, 1,223.
2. Innocent Merriment (J/160), Myron Lyon, San Diego, 1,250.
3. Pipe Dream IX (J/160), Scott Piper, Coral Gables, Fla., 1,265.
4. Jeito (J/145), Francisco Guzman, Acapulco, Mexico, 1,255.
5. Reinrag2 (J/125), Tom Garnier, Portland, Ore., 1,270.
6. Horizon (Santa Cruz 50), Jack Taylor, Dana Point, Calif., 1,301.
7. On Point (Schock 40), Nick Martin, Wilmington, Calif., 1,319.
WD—The Cone of Silence (Australian Super 30), James and Jenny Neill,
Newport, NSW, Australia.
WD—Lucky Dog (J/125), Peter Putnam, Newport Beach (DH).

Division 4 (started July 4)

1. Hot Tamale (J/120), Tom and Doug Jorgensen, Glendora, Calif., 1,328.
2. Wild Thing (1D35), Chris and Kara Busch, San Diego, 1,312.
3. Tabasco (1D35), John Wylie, San Diego, 1,332.
4. Bolt (Olson 40), Craig Reynolds, Balboa, Calif., 1,349.
5. Paddy Wagon (Ross 40), Richard Mainland, Marina del Rey, Calif., 1,326.
6. Swept Away (J/120), Louis Bianco, Seattle, 1,372.
7. Cool Man Cool2! (Sydney 38), Harrell Jones, Dana Point, Calif., 1,372.
8. Krakatoa (Young 32), Rod Skellet, Sydney, Australia, 1,387.
9. Tera’s XL (ILC 40), Antony and Daniel Barran, Northridge, Calif., 1,328.
10. Two Guys On the Edge (1D35M), Dan Doyle, Honolulu, 1,359 (DH).
11. Lawndart (Cape Bay Fast 40), Bill Allan, Nanaimo, B.C., 1,428.

Division 5 (started July 1)

1. Wind Dancer (Catalina 42), Paul Edwards, Wilmington, Del., 912.
2. Masquerade (Choate 40), Timothy Coker, San Diego, 939.
3. There and Back Again (Tripp 40), Robert Rice, Long Beach, 892.
4. B’Quest (Tripp 40), Challenged America/Urban Miyares, San Diego, 917.

CAL 40 (started July 1)

1. Illusion, Stan and Sally Honey, Palo Alto, 898.
2. Seafire, John T. Harrison, Honolulu, 965.
3. Ranger, William Partridge, Richmond, Calif., 975.
4. Ralphie, Jill and Taylor Pillsbury, Laguna Beach/Eleanor and Davis
Pillsbury, Snowmass, Colo., 967.
5. California Girl, Don and Betty Lessley, Point Richmond, Calif., 962.
7. Flying Cloud, Darrell and Scott Wilson, Long Beach, 976.
8. Willow Wind, Wendy Siegal, Sunset Beach, Calif., 988.
9. Redhead, Andrew Opple, Ketchum, Idaho, 1,007.
10. Celebrity, Gerald Finnegan, Redondo Beach, Calif., 1,023.

ALOHA DIVISION (started July 1)

Aloha A

1. Between the Sheets (Sun Odyssey 52.2), Ross Pearlman, Calabasas, Calif.,
795.
2. Incredible (Swan 53), Rick Gorman, Los Alamitos, Calif., 842.
3. Marla R (Beneteau 50), Jon Richards, Mesa, Ariz., 827.
4. Enchanted Lady (Roberts 55 ketch), Andy Sibert, Seal Beach, Calif., 899.
5. Beautiful Day (Beneteau 47.7), William Boyd, San Diego, 834.
6. Lady Bleu II (Dynamique 62), Roger and Brenda Kuske, San Diego, 757.
7. Axapac (Wylie 39), Barry Ruff, Vancouver, B.C., 930.
8. Beach Music (Tayana 52), Kirby Coryell, Lafayette, Calif., 990 (DH).

Aloha B

1. Barking Spider (Catalina 38), David Kory, Point Richmond, Calif., 1,028.
2. Sea Dancer (Ericson 35), Alvin Wheatman, Marina del Rey, 1,167.
3. Pipe Dream (Choate/Feo 37), John Davis, Long Beach, 1,122.

DH—Doublehanded.

WD—Withdrawn.