The sport of sailing involves a variety of competitive sailing formats that are sanctioned through various sailing federations and yacht clubs. Racing disciplines include matches within a fleet of sailing craft, between a pair thereof or among teams. Additionally, there are specialized competitions that include setting speed records. Racing formats include both closed courses and point-to-point contests; they may be in sheltered waters, along coasts, or on the open ocean. Most competitions are held within defined classes or ratings that either entail one type of sailing craft to ensure a contest primarily of skill or rating the sailing craft to create classifications or handicaps.
On the water, a sailing competition among multiple vessels is called a regatta. A regatta consists of multiple individual races. The boat crew that performs best over the series of races is the overall winner. There is a broad variety of races and of sailboats used for racing, from large yacht to dinghy racing. Much racing is done around buoys or similar marks in protected waters, while some longer offshore races cross open water. Boats used for racing include small dinghies, catamarans, boats designed primarily for cruising, and purpose-built raceboats. The Racing Rules of Sailing govern the conduct of yacht racing, windsurfing, kitesurfing, model boat racing, dinghy racing, and virtually any other form of racing around a course with more than one vessel while powered by the wind.