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| Architect | I. Murray & J. Swarbrick |
| Builder | Parry Boat Builders |
| Owner | Kevin PARRY Taskforce 87 |
| Club | Royal perth Yacht club |
| Skipper | I. Murray |
| Type | 12 MJI |
| Length HT | 21.15 m |
| Draft | 2.73 m |
| Displacement | 28.35 tons |
| Sail area | 173 m2 |
Stars & stripes USA 55
Challenger
Stars & stripes 87
| Architect | B. Chance Jr | |
| Builder | Derecktor Shipyards | |
| Owner | Sail America Foundation | |
| Club | San Diego Yacht club | |
| Skipper | Dennis Conner | |
| Type | 12 MJI | |
| Length HT | 21 m | |
| Draft | 2.76 m | |
| Displacement | 27 tons | |
| Sail area | 172 m2 |
The winner
The Cup takes place in Freemantle on the west coast of Australia. The wind, called the Freemantle Doctor, freshens every afternoon and promises tough races, causing damage to all the boats. The challenger is skippered by Dennis Conner, who wants revenge and brings home the Cup he lost to the USA. Stars & Stripes makes short work of the Australian, trailing 4-0 and still holding a lead of over a minute at the finish.
the looser
Kookaburra III, skippered by Ian Murray, easily outclassed Australia III in the qualifiers but was crushed by the American boat. The cup went back to the United States.