The America's Cup Jubilee Regatta, Round the Island Race, 21st August, 2001: Velsheda and Shamrock (V) off the Needles

Shamrock (V) was the last in a series of splendid racing yachts, each an improvement upon her predecessor, built for the immensely wealthy tea magnate Sir Thomas Lipton. Between 1899 and 1930, Lipton mounted no less than five challenges for the elusive America's Cup - or the "Auld Mug" as he invariably called it - and, even though all were unsuccessful, his efforts and tenacity rewarded him with an almost heroic status among the British public. The last of the celebrated Shamrocks was designed by Charles Nicholson and built by Camper & Nicholson in their yards at Gosport in 1930. A centreboarded Bermudian-rigged cutter, she was registered at 103.86 tons gross (93.98 net & 163 Thames) and measured 120 feet in length with a 20 foot beam. Despite her failure to capture the America's Cup in 1930, she was still a magnificent boat and, when Lipton died late in 1931, she was bought by Mr. T.O.M. (later Sir "Tommy") Sopwith, another of yachting's most colourful characters. He too would soon become an America's Cup challenger, with his two successive Endeavours (in 1934 and 1937), but for several years he was content to 'cut his teeth' on Shamrock V; she was, after all, the very first of the immortal 'J' boats and a force to be reckoned with in any race worthy of its name.

Velsheda, another contemporary thoroughbred from the same yard and designer, was built for Mr. W.L. Stephenson, the Chairman of Woolworth's (U.K.) in 1933. Extremely fast, she was one of the legendary J-class yachts and even beat the King's Britannia on one celebrated occasion. Apart from her glittering career in the 1930s, during which she won many trophies for her owner, she now shares the distinction - along with Shamrock (V) and Endeavour (I) - of being one of the three remaining J-class boats which have survived until the present day and she is still racing competitively.