New Sydney Hobart record for Wild Oats XI

At 07.23.12 AEDT Bob Oatley's, Reichel/Pugh designed, 30.48m (100-foot) maxi Wild Oats XI crossed the Hobart finish line at the end of the 2012 Rolex Sydney Hobart, to take line honours in the 68th edition of the 628 nautical-mile race, and set a new race record in the process.

Wild Oats XI completed the course in 1 day 18 hours, 23 minutes and 12 seconds; 16 minutes 58 seconds inside the course record she set in 2005. This is Wild Oats XI's sixth line honours victory in eight years

At a ceremony at Constitution Dock, Bob Oatley and skipper Mark Richards were presented with a Rolex Chronometer and the Illingworth Trophy for being first yacht across the finish line.