America's Cup
Farr is also a designer of America's Cup competitors, including New Zealand's entries in 1986 (co-designed with Ron Holland and Laurie Davidson) and 2000, and Larry Ellison's United States's BMW Oracle Racing Challenger in 2003 (accepted as Challenger of Record for the 2007 Cup). Farr's design Young America (USA-36) proved faster than the other American sailed yachts, but was unsuccessful in defending the Cup in the 1995 Finals, losing 0-5 to a Davidson designed Black Magic of New Zealand, led by the late Sir Peter Blake.
Among the most impressive of Farr's design boats was the 90 foot long KZ-1, the Michael Fay sponsored boat brought forth to challenge the San Diego Yacht Club immediately following their gaining the cup in 1987. The challenge was unusual in that it did not allow the host yacht club the conventional three to four years to prepare for the event, nor did the challenging boat adhere to the 12 metre class design that the America's Cup had been contested in for thirty-five years, nor did it allow time for other international challengers and defenders to participate. The unconventional challenge was answered with an unconventional defense, and the entire episode serves as an excellent case study on how the process of yacht racing can be mired in the legal system when America's Cup participants radically depart from the spirit of the rules.
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