The Superyacht Cup 2008 Palma, Spain.

Here is a video of the 2008 superyacht cup held in Palma, Mallorca.  Here is an article about the sailing event.

The Superyacht Cup in Palma, Mallorca (Balearic Islands), in the Mediterranean Sea is no ordinary racing regatta. Starting a fleet of 20 to 30 superyachts for one race is an amazing spectacle and an exciting moment for the sailors and owners.  You can see the video of the 2008 Superyacht Cup in Palma.  The superyacht cup has been running for over a decade, making it the oldest and most significant luxury sailing yacht event. The informal atmosphere mixed with the impressive entry list of yachts, has made this trophy grow in popularity year by year.