Yachting is the use of recreational boats and ships called yachts for racing or cruising. Yachts are distinguished from working ships mainly by their leisure purpose. "Yacht" derives from the Dutch word jacht ("hunt"). With sailboats, the activity is called sailing, and with motorboats, it is called powerboating. Racing History The history of sailing dates back to prehistoric times but the racing of sailing boats is believed to have started in the Netherlands some time in the 17th century. Soon, in England, custom-built racing "yachts" began to emerge. In 1851, the Royal Yacht Squadron in Cowes challenged the American yacht America. The race took place in the Solent. The America won the race and took the trophy, the America's Cup, back to the US where, held by the New York Yacht Club, it remained until 1983. The cup was then lost to the Royal Perth Yacht Club of Australia, which entered the Australia II into the contest. Meanwhile, yacht racing continued to evolve, with the development of recognised classes of racing yachts, from small dinghies up to huge maxi yachts. Inshore Although there are many different types of racing vessels, they can generally be separated into the larger yachts, which are larger and contain facilities for extended voyages, and smaller harbour racing craft such as dinghies and skiffs. Smaller boats are not generally referred to as yachts, although all recreational boats (as opposed to commercial or military vessels) are yachts. These days, yacht racing is a common participant sport around the developed world, particularly where favorable wind conditions and access to reasonably sized bodies of water are available. Most yachting is conducted in salt water, but smaller craft can be raced on lakes and even large rivers. Ocean Larger yachts are also raced on harbours, but the most prestigious yacht races are point-to-point long-distance races on the open ocean. Bad weather makes even finishing such races a considerable test of equipment and willpower, and from time to time boats and sailors are lost at sea. The longest such events are "round-the-world" races which can take months to complete, but better-known are events such as the Fastnet race in the United Kingdom and the Sydney to Hobart Yacht Race along the east coast of Australia. Large races are usually organized with a first-past-the-post trophy (called "line honours") and under a handicap system that adjusts finishing times for the relative speeds of