The $6.4 million race

New round the world event with highest ever entry fee designed to put Freo back on the sailing map

Prize money breakdown

Line Honours
First across the line gets US$2.5 million, second gets $900,000 and third $400,000

Points scoring (winner of each leg gets one point, second two, etc)

Least number of points gets $1 milion, second gets $300,000 and third $150,000

Legs (known as 'skins')
The fastest elapsed time yacht for each leg shall get $100,000

In addition
The navigator's prize for the navigator who most accurately predicts their time around the world - $25,000
Most valuable crew member prize: $25,000