Launch of yacht designed to win the America's Cup for Britain - the Valsheda.
Full title reads: "To win America's Cup for us at last? Mr W L Stephenson's 'Velsheda' [sic] - a 'Shamrock in steel' - first and only all-metal British built Yacht - launched."
A bottle of champagne is smashed against the steel hull of the racing yacht. The Yacht slides down the slipway into the water. Nice shots of the boat sliding into the water.
N.B. Unable to find correct spelling for name of boat - it could Valsheda or Velsheda.