The Race was a round-the-world sailing race starting in Barcelona, Spain on December 31, 2000. It was the first ever non-stop, no-rules, no-limits, round-the-world sailing event, with a $2 million US prize. It was organized by Bruno Peyron.
A second race was planned for 2004, but was cancelled amid controversy that Tracy Edwards had organized a competing event called Oryx Quest.
The stated objectives of this race were:
to unite the different maritime cultures of the world
to gather together the world's premiere yachtsmen and women in a common event
to promote creativity in ocean sailing
to ally high technology and the environment
to create the most spectacular and most prestigious fleet of offshore racers that sailing has ever seen