Spirit of Australia Challenge was the syndicate of Ian Murray, at 24 the youngest skipper of an AC on the underfunded Advance / 1983 and the talented organizer of Kevin Perry's fleet of Kookaburra I-III / 1987.AUS-21 is a construction Murray's, who was by the way heavily involved for the elaboration of the IACC formula.Originally, in 1992 a collaboration with Alan Bond (Australia II / 1983) was planned, but failed due to Bonds private financial turbulences and legal turmoil.Murray managed the initial financing through the support of approximately 15,000 people before major sponsors, such as Qantas joined the syndicate.The yacht could not convince in the LVC .but it belongs to the IACCs finest boats ever built. The yacht had a tandem keel with a lead bulb and no rudder. Later she got a conventional fin and a rudder. In the summer of 2004 the yacht roamed - sponsored by the "Financial Times" - with tourists in Sydney Harbour a rock, lost the keel and capsized spectacularly. There were no serious injured.
Spirit of Austrlia (AUS-21) resigned after the RR3of the LOUIS VUITTON CUP (LVC) from 1992Spirit of Australia Challenge was the syndicate of Ian Murray, at 24 the youngest skipper