Please select your home edition
Edition
Palm Beach Motor Yachts

Pallas Capital Gold Cup Act 1 - Matador and Beau Ideal Headline

by Nic Douglass 23 Mar 01:07 PDT 21-22 March 2026

Act 1 of the Pallas Capital Gold Cup has wrapped up on Sydney Harbour, setting the benchmark for one of the standout series in Australian sailing.

With nineteen grand prix boats across two high-performance fleets, even with a tough day one due to a very busy Sydney Harbour, Act 1 hosted by the Cruising Yacht Club of Australia, was one of the strongest starts to a national series in recent years.

Following a challenging first day impacted by shipping movements, fleet review restrictions and unstable conditions, day two brought the racing needed to decide the opening act.

In the TP52 division, Matador (David Doherty) delivered a consistent performance to claim Act 1 honours. Gordon Ketelbey's Zen (Craig Neil) secured second place, with Smuggler (Sebastian Bohm) rounding out the podium.

"It was nice to get racing in after yesterday. It was light and tricky, but we managed to piece a few shifts together and the team did a really good job," said Matador mainsheet trimmer James Corrie.

"It was one of those days where if you can string a few shifts together you can get a jump on the fleet, and we managed to do that in a couple of races. The afterguard called it well and the team got the boat moving."

The fleet saw tight racing throughout, with multiple race winners highlighting the depth of competition in the class.

Across the Super 40 fleet, results were split across rating systems, showcasing the competitiveness of the division.

Karl Kwok's Beau Ideal sailing for the first time on Australian waters claimed the win on IRC ahead of Back 2 Black (Sean Langman), and Ambition (Chris Dare).

In ORC, Beau Ideal (Karl Kwok) again led the standings, with The Edge (John Bacon) second and Revolver (Michael Ritchie) third.

Under SFR, Revolver (Michael Ritchie) took the win, with Back 2 Black (Sean Langman) second and Beau Ideal (Karl Kwok) third.

"It was really special for the team. We lost Margaret, one of our team last week, so to come away with the win for her means a lot," said Rye Brady.

"Sailing with my Dad [Gavin Brady] and a group like this is a really cool opportunity, and this is the only 40-foot racing like this at the moment, so it's a great way to keep building and pushing ourselves."

On winning two divisions straight off the bat, "we'll keep training and keep pushing. There's more to come in the series."

Day 1 Video:

Day 2 Video:

Act 1 marks the first stage of the Pallas Capital Gold Cup, with the series set to continue across multiple events through to May.

Act 2 will return to the Cruising Yacht Club of Australia for the TP52 fleet, before the Super 40s rejoin for Act 3 as part of Sail Port Stephens. The series will conclude with Act 4, the finale, hosted by the Royal Prince Alfred Yacht Club.

Thanks to naming rights sponsor Pallas Capital and also to Zhik for their continued support of the fleet and the series.

Related Articles

ISA Gran Turismo 67M M/Y Sea Raider X launch
The new flagship of the fleet ISA Yachts, a brand of Palumbo Superyachts, proudly announces the launch of the new ISA Gran Turismo 67m model M/Y Sea Raider X, the new flagship of the fleet. Posted on 9 May
Lomac completes Turismo range with all new 8.5
Each model is designed for a specific customer group With the introduction of the brand new Turismo 8.5, the Milan-based boatyard completes the Turismo range, which began with the launch of the Turismo 7.0 and has been developed as a cohesive project. Posted on 8 May
Introducing the new Tiara Yachts 35 LS
From first trips to family traditions The best days on the water are about shared laughter, easy conversations, and memories that last longer than the day itself. Posted on 7 May
The new Galeon 520 FLY
A closer look at next-generation flybridge design and expanded living areas Following her world debut at the Palm Beach International Boat Show earlier this year, the Galeon 520 FLY is now revealed in greater depth as Galeon Yachts unveils additional model details alongside her full production photo session. Posted on 7 May
BRABUS all-new Shadow 38 Range
A new generation of high-performance luxury superboats Next-generation 38-foot performance boats set to debut with up to 1,000 hp—combining cutting-edge engineering, striking signature design and modular configurability in a new era of luxury day boating. Posted on 7 May
First look at Leviathan in operation
Captured by renowned photographer Guillaume Plisson in the Bahamas Oceanco has released the first images of Leviathan since her delivery in November 2025. Captured by renowned photographer Guillaume Plisson in the Bahamas, the gallery offers a glimpse of the yacht's unconventional interior and onboard experience. Posted on 6 May
Axopar launches the 38 Sun Top
An open and social boat built for shared time on the water Built around openness, flexibility, and shared time on the water, the Sun Top pairs a social, open-air layout with the same proven hull, drivability, and liveability that define the 38 XC Cross Cabin, which debuted at Boot Düsseldorf 2026. Posted on 6 May
New Manari 52 impresses in first sea trials
First on-water trials validate performance, handling and design vision Following its world debut at the 2026 Palm Beach International Boat Show in March, the Manari 52 has completed sea trials in the open waters off Miami. Posted on 5 May
Explora Journeys redefine luxury cruising
Time, space, and meaningful experiences at sea. Luxury cruising has changed dramatically in recent years. Today's travellers are not simply looking for transport between destinations. They want time, space, and meaningful experiences at sea. Posted on 30 Apr
Numarine unveils brand new Classic superyacht line
Beginning with two models, the 38XPC and 39MXPC Numarine, the renowned builder of efficient explorer yachts, has revealed details of a brand new Classic superyacht line, beginning with two models, the 38XPC and 39MXPC. Posted on 29 Apr
Barton Marine Pipe GlandsMaritimo S SeriesPalm Beach Motor Yachts