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1977 Custom 12 Metre

US$ 800,000*
Interested in this boat? Tel: 401-298-2028
  • Description
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Engine/Fuel Type:
Located In:
Newport, RI
Hull Material:
Current Price:
US$ 800,000 

Designed by Sparkman & Stephens ENTERPRISE was built at Minneford Boat Yard to vie as a defender for the America’s Cup in 1977.   Developed and optimized under the leadership of Lowell North, she sailed as the ‘trial horse’ for FREEDOM in her quest and ultimate success in winning the America’s Cup in 1980.

Following a number of years in Europe, initially as a ‘trial horse’ within Italian and French challenges for the America’s Cup and several years as a ‘cruiser/racer’, ENTERPRISE returned to the US in 2007.

In 2016 a client approached the Sparkman & Stephens office searching for an S&S designed 12 Metre built in the US, with the potential to win.  ENTERPRISE was the perfect ‘fit,’ particularly as according history or folklore: she missed out on being defender of the Americas Cup in 1980 by the  ‘flip of a coin.’

The owner handed Sparkman & Stephens a revised brief; “The goal is to win the 2019 12 Metre World Championship to be held off Newport, RI.”

 The project commenced in July of 2017.  Following the removal of her ‘cruising interior’, including engine, machinery and plumbing, she was measured in the water as per the 12 Metre Rule.  From there every item of hardware was removed and the hull re-faired and finished.  A thorough examination of her construction was undertaken followed by a laser scan of the hull, interior and appendages. From those scans 3D models were created to facilitate extensive design studies, which included:

-          Weight tracking throughout project

-          Cockpit layout optimization, design and construction

-          Performance analysis of multiple rudder and bustle options

-          Performance analysis of multiple keel and trim tab options

-          Performance analysis of rig and sails by North Sails

-          Velocity Prediction Program (VPP) calculations performed throughout studies to find optimum solutions

-          RANS-based Computational Fluid Dynamics (CFD) analysis of individual components

-          CFD analysis of complete hydrodynamic and aerodynamic package (including new weights, appendages, sail plan and sails.   

For the 2019 summer season culminating in the 12 Metre World Championships, ENTERPRISE was under charter to a highly experienced owner with a top flight crew.  Limited time for work-up and tuning provided a challenge but her results were impressive.  In the tightly contested World Championship, ENTERPRISE was first in one race and second in two.  She is proven.

For the 2020 sailing season all ENTERPRISE needs to win is a wardrobe of sails and competitive team capable of working her up to speed.


Documentation is available reflecting total expenditure of approximately $1.5m.  Her asking price is $800K.

Paul Buttrose mobile 954 294 6962

Please contact Paul Buttrose, Licensed Yacht Broker at (954) 294-6962

Interested in this boat? Tel: 401-298-2028

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Tel: 401-298-2028
Sparkman & Stephens, LLC

26 Washington Square
Newport, RI 02840
United States

Sparkman & Stephens, LLC
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Interested in this boat? Tel: 401-298-2028