All Yachts must belong to the club, eighth and ninth races excepted. Yachts in all the races must be steered by Amateur Members of any recognised Yacht Club. The Races will be sailed according to Y.R.A. Rules. Exceptions, time of entry, two to compete or no race; four, or no second prize.
The second and third Races will be handicapped by the Committee without appeal.
That the naval officers who are honorary members have been valued friends to the club goes without saying. Nothing could exceed the interest that has been taken in the club's welfare by the Commodore, H.S.H. General Prince Edward of Saxe-Weimar, especially whilst in command at Portsmouth. Neither must the club's mainstay, the honorary secretary, Mr. John Main, be forgotten. Almost from the beginning Mr. Main had acted as under-secretary to the then honorary secretary, Mr. C. McCheane, and it is not too much to say that when acting in that capacity he was the kedge anchor to the club, and frequently on occasions was called upon to play the part of best bower. When Mr. McCheane resigned his office on July 14, 1887, after an interregnum of three months, during which Captain Haldane was made acting secretary, Mr. Main was chosen unanimously to fill the vacant office, and not only those connected with the club, but all who have had to hold communication with him, know how well its arduous duties have been performed. It is to this gentleman that the writer is indebted for help in compiling this notice.
With a commodious house, a signal station to keep up, and prizes to be provided (nearly 6,000l. have been given to be sailed for up to 1893), the expenses, it is needless to say, are great and tax the funds considerably. Money, however, is always forthcoming through the liberality displayed by many of the members. Among those who have come forward to help the club with gifts of cups and prizemoney are the following gentlemen, whose names are rarely absent from any notice or list calling for an extra supply towards the prize fund: Captain Sutton, Vice-Commodore; Mr. J. R. West, late Rear-Commodore; Mr. A. H. Glennie, Rear-Commodore; and Messrs. Julian Senior, S. Richards, and B. Paget. Mrs. Robertson Fernie makes an annual present of a purse in memory of her late husband, who was always a contributor up to the time of his death.
The club has certainly done more for amateur seamanship than any other inside the Isle of Wight; it was the first to start a system of fortnightly regattas, and has always been chosen by outside clubs to time the arrivals of their ocean races to the port of Portsmouth.
The usual annual regatta was held last year, 1893, somewhat unfortunately, during the squadron week at Cowes, whither the big cutters of the season had attracted so many lovers of yacht racing as well as general sight-seers. A very varied programme was provided, including all classes from the 100-tonner to the ½-rater, in all about five different races. The first was a handicap for yachts exceeding 19-rating, the course being from between the committee-vessel and the Spit Fort, round the N.E. middle buoy, Warner lightship, and Boyne buoy, all marks to be left on the port hand. This afforded a great opportunity for the spectators on Southsea beach to see the racing thoroughly well, as the competitors had to accomplish three rounds, making about a 40-mile course.
The object of handicaps is to get sport amongst craft of varied tonnage, class, and build, by giving time allowance. In the present case the largest vessel was 'Mabel,' late 'Irex,' 100-rating; the smallest,'Marigold,' 22-rating; 'Mabel' allowing 'Marigold' 39 minutes. Six started. A good race ensued, as the following time of the finish will corroborate:—'Columbine,' winner, 4 hrs. 32 mins. 41 secs.; 'Castanet,' 2nd prize, 4 hrs. 36 mins. 15 secs.; 'Creole,' 3rd prize, 4 hrs. 33 mins. 43 secs.; 'Mabel,' 4 hrs. 38 mins. 14 secs.
| Yacht | Rig | Rating | Handicap | Owner |
| Mabel | cutter | 100 | scratch | Mr. Muir |
| Creole | " | 40 | 10 minutes | Lieut.-Col. Bagot |
| Columbine | yawl | 50 | 12 " | Mr. W. B. Paget |
| Castanet | cutter | 40 | 14 " | Mr. W. R. Cookson |
| Hyacinth | yawl | 50 | 27 " | Mr. T. C. Garth |
| Marigold | cutter | 22 | 39 " | Mr. W. R. Martin |