From its inception, the Fastnet Race has proven highly influential in the growth of offshore racing, and remains closely linked to advances in yacht design, sailing technique and safety equipment. The Fastnet Race takes place every two years over a course of 608 nautical miles (1,126 km). The race starts off Cowes
50°45′34″N 1°18′1″W on the Isle of Wight on the south coast of England at the Royal Yacht Squadron.
The Fastnet Race has been sponsored by the Swiss watch manufacturing company Rolex since 2001. The Race prize is known as the Fastnet Challenge Cup.