The 1998 Sydney to Hobart Yacht Race was the 54th annual running of the "blue water classic" Sydney to Hobart Yacht Race. It was hosted by the Cruising Yacht Club of Australia based in Sydney, New South Wales. It was the most disastrous in the race's history, with the loss of six lives and five yachts. 55 sailors were rescued in the largest peacetime search and rescue effort ever seen in Australia.
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