Shortly after winning the Sydney Hobart Race for the third time, the maxi-yacht Comanche has been sold by its current owners, Jim Cooney and his wife Samantha Grant, to Russian interests. Perhaps, oddly enough, the transaction brought to mind the yacht America of 1851.
International yacht racing has traditionally been a sport for the rich. The cliche that a yacht is a hole in the water into which the owner pours money, is often repeated because it is, more often than not, highly accurate.