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The breakthrough, to be officially announced on Friday, follows an arduous 25-year search for the historic ship off Newport, Rhode Island, on the north-eastern coast of the US.

Chris Symonds is the leading Australian, holding seond place in the men's Hansa 303.

The ‘Public Award’ is based on the number of votes on Internet.

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Estimations are predicting a potential fleet of 80 boats with roughly 45 boats representing South Australia and a further 35 to come from interstate.

The early bird race entry fee of $150 is available to all boats until October 31.

The club was formed as a dinghy sailing club in September 1948 in the sail loft of the Jolly Roger Boatshed and Sailing School on the northern end of Albert Park Lake in Melbourne.

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The disagreement is so serious that Croatia is threatening to block Montenegro's efforts to join the European Union, and it's also reviving old tensions.

Nearly two-thirds of local recreational boaters (59%) anti-foul their boats every year while another 31% do so at least once every two years.

One boat show exhibitor described the audit process as “bullshit” and “bureaucracy gone crazy”, pointing out that simply having a plate attached doesn't make a boat any more or less safe.