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After another day of close racing out on Biscayne Bay, the lead changed again, with the 2000 Olympic Gold Medallists in the Star class, Mark Reynolds and Magnus Liljedahl, winning their third race of the series to take the overall lead by 17 points from Paul Cayard and Phil Trinter.
Previous regatta leaders, Jose Van Der Ploeg (POR), the 1992 Olympic Finn-class Gold Medallist and crew Diego Fructuoso (POR), scored a black flag disqualification for starting prematurely and dropped down into third place overall.

Conditions in the Bay were fluky with a 40 degree wind shift on the second beat, which turned the fleet inside out, this added to a light wind of 2-4 knots, made for interesting racing. RYA team GBR sailor and 2000 Olympic Gold Medallist, Iain Percy sailing with 1997 Etchells World Champion, Steve Mitchell, got caught the wrong side of the shift along with many other big names, and finished in 35th positon.

Teammate and fellow Olympic Silver Medallist, Ian Barker and crew Ed Peel (GBR), were back out on the water yesterday after having to retire the day before to avoid sinking, due to being 'holed' whilst lying in 7th place at the time.

"We were third round the windward mark in yesterdays race, then a 40 degree shift on the second beat nailed us, we dropped down to about 30th and eventually finished 26th in 2-4 knots of breeze". Commented Ian Barker on the days racing.

With one race left to sail it looks like the 2000 Olympic Medallists, Mark Reynolds and Magnus Liljedahl, may have the better of the 99 boat fleet, but judging by how the racing has gone so far, anything could still happen. The Bacardi Cup concludes today and the team with the lowest overall score wins the Trofeo Bacardi, filled with rum.

Position	Crew	Nation	Race	Race	Race	Race	Race	Total
			1	2	3	4	5
1	Mark Reynolds & Magnus Liljedahl	USA	-23	1	2	1	1	5
2	Paul Cayard & Phil Trinter	USA	10	(100\OCS)	4	6	2	22
3	Jose Van Der Ploeg & Diego Fructuoso	ESP	9	3	7	5	(100\BFD)	24
4	Augie Diaz & Christian Finnsgard	USA	-16	14	8	3	8	33
5	John A. MacCausland & Sean Delaney	USA	7	4	11	11	-39	33
6	Alfonso Domingos & Bernardo Santos	POR	3	9	-24	19	4	35
7	Iain Percy & Steve Mitchell	GBR	31	2	1	2	-35	36
8	Peter Bromby & Martin Seese	BER	-19	17	6	7	7	37
9	Marc Pickel & David Giles	GER	14	(100\OCS)	3	4	20	41
10	Riccardo Simoneschi & Ferninando Colaninno	ITA	12	12	14	13	-24	51