The surprise challenge by
Sir Michael Fay caught San Diego Yacht Club unprepared. They initially rejected the challenge, but were compelled to respond when Mr. Fay brought the matter before the New York courts. The court's decision was handed down in November 1987, leaving little time to prepare for the 1988 challenge race. As the challenge used the original
Deed of Gift as its basis, the design requirements specified only that she be a single masted yacht no more than 90 feet at the waterline. San Diego Yacht Club and Dennis Conner's syndicate chose to respond with an assuredly faster multi-hull design. Conner enlisted the help of designers
Morrelli, Chance & Hubbart & MacLane, and aircraft manufacturer
Scaled Composites. Two
Stars & Stripes cats were built, one with a conventional soft sail (
Stars & Stripes S1), and the second with a wing mast (
Stars & Stripes H3) built by Scaled Composites. The wing masted boat proved to have superior performance, and so was used in the defense. To no one's surprise,
Stars & Stripes dominated its match races with
KZ 1, the challenger from
New Zealand. Following the race the New Zealand team sued and initially won the America's Cup trophy in a court case. The decision was reversed on appeal, and
San Diego Yacht Club retained the cup. After the 1988 America's Cup, the wing masted catamaran was bought by Mexican yachtsman Victor Tapia and currently sails in Mexico. The soft sail yacht was bought by
Steve Fossett and used to set speed records in various yacht races. The soft sail yacht suffered a dismasting during a Mackinac race which resulted in her being stored for several years. In 2015, Freddie Mills acquired the vessel and has re-rigged and re-commissioned her as a private racing yacht operating out of Newport, Rhode Island. In October 2017
Stars & Stripes (soft sail) was acquired by Key Lime Sailing Club and Cottages in Key Largo to be used for day charters and racing.
2008 Port Huron to Mackinac race Fossett's
Stars & Stripes yacht was entered in the 84th running of the annual
Port Huron to Mackinac Boat Race to
Mackinac from
Port Huron, Michigan, and was favored to win and set a new record time. An experienced
Chicago sailor Donald Wilson captained the yacht, chartering it from a
Florida businessman for both the Port Huron and Chicago to Mackinac races. The same yacht previously competed in the 74th running of the Port Huron
regatta (1998) but was unable to complete the race after the
mast broke off near
Alpena, Michigan. The yacht was again
dismasted mid-race in heavy winds while leading a rival multihull yacht
Earth Voyager, which then went on to finish the race in record time. == International America's Cup Class ==