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I looked for a thread on this but didn't see it.

Australian sailors Simon McKeon and Tim Daddo who made history in 1993 with the Lindsay Cunningham designed Yellow Pages, leapt back into the history books Thursday night when Macquarie Innovation powered down the Sandy Point speed course near Wilsons Promontory in Victoria, at an average speed of 50.43 knots.




Now in March of 2009, they have lifted their own ‘C’ class record and come within a whisker of breaking the outright record of 50.57 knots, now in the hands of kite boarder Alexandre Caizergues.

This morning co-pilot Tim Daddo saild ‘we created a little piece of yachting history on Thursday night.

"During that run we hit a peak speed of over 100 km/hr (54 knots) and while the claimed average speed, (50.43) which is about to be sent for ratification, will be reduced to 50.08 knots due to the tidal allowance, we have sailed our craft in excess of 50 knots. "


Article here-Sail-World.com : New World Speed Record: Macquarie Innovation breaks 50 - hits 54 knots
 

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That looks like the back end of a jumbo jet which decided to play submarine. Can you imagine negotiating a slip fee for this one?
I hope there's a youtube video or similar for this!
 

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Telstar 28
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Of course, trying to steer that into a slip would suck.
 
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