The American SailboatHall of Fame was established in 1994 by Sail America to recognize ingenuity in designs by American boat builders. The physical display is housed in The Museum of Yachting located in Fort Adams State Park, Newport, Rhode Island, and includes examples of many of the selected boats. Some of the collection is displayed around the country each year at the various Strictly Sail boat shows sponsored by Sail America, and at Sail Expo in Atlantic City, New Jersey.
These sailboats are production models, some of which are still in production, which have made a lasting impact on sailing. This award is notable because it is frequently referenced in sailing publications , in both articles and advertising. When evaluating the prestige of this award it is important to understand that the judges are generally magazine editors whose publications accept advertising from boat builders .