December 27, 2016 / 11:52 PM / 7 months ago

Perpetual Loyal wins Sydney-Hobart race in record time

3 Min Read

The crew of the Sydney to Hobart race-winning yacht Perpetual Loyal arrive at Constitution dock in Hobart, Australia, early December 28, 2016 after setting a new race record for the annual blue water classic. AAP/Rob Blakers/via REUTERS

MELBOURNE (Reuters) - Australia's Perpetual Loyal won the 72nd edition of the Sydney to Hobart yacht race in a record time of one day, 13 hours, 31 minutes and 20 seconds on Wednesday.

The super maxi, owned and skippered by Anthony Bell, crossed the finish line in Hobart in the early hours of the morning to take four hours, 51 minutes, 52 seconds off the previous mark set by Wild Oats XI four years ago.

Wild Oats XI, which had been chasing a record ninth line honours victory, suffered a broken hydraulic ram and dropped out of the race while leading on Tuesday, leaving Perpetual Loyal clear to sail across the Bass Strait to victory.

Bell said he thought his boat would have had a shot at winning even if Wild Oats XI had not broken down.

"This is one for the true believers," he told reporters in Hobart. "I don't think anyone expected us to do well in this race, the bookies certainly didn't ... we came out of the blocks and we raced one hell of a race. We were brave and stuck to the course."

New Zealand's Volvo 70 Giacomo, owned and skippered by Jim Delegat whose two teenage sons were among the crew, finished second some two hours after Perpetual Loyal, just ahead of Hong Kong's Scallywag in third place.

The yacht Perpetual Loyal sails up the Derwent River on its way to setting a new record finishing time in the annual Sydney to Hobart Yacht race in Hobart, Australia, early December 28, 2016. AAP/Rob Blakers/via REUTERS

Bell won line honours on Scallywag, then known as Investec Loyal, in 2011 but failed to finish on Perpetual Loyal in 2014 and 2015.

The multi-millionaire accountant to a string of Australian celebrities said he had no intention of defending the title on the boat next year, however.

Perpetual Loyal skipper Anthony Bell reacts after being thrown into the water by his crew in celebration after the yacht set a new race record, winning the annual Sydney to Hobart yacht race in Hobart, Australia, December 28, 2016. AAP/Rob Blakers/via REUTERS

"With all my heart, no," Bell said before being thrown into the harbour at Constitution Dock by his crew.

"This boat is a great boat and it needs the next owner, someone to pick it up and jump into it with passion and enthusiasm

"We've got some detailed plans about something new and hot that I'm going to do in sailing."

Covering approximately 630 nautical miles (1170 km) of the Tasman Sea and notoriously treacherous Bass Strait, the annual race is Australia's premier yachting event and among the world's most gruelling.

Reporting by Nick Mulvenney in Sydney; Editing by Ian Ransom

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