Oracle Chief Wins Yacht Race

Oracle CEO, Larry Ellison, steered his 78-foot yacht, Sayonara, to victory today. With media magnate Rupert Murdoch aboard, Ellison won Australia's Sydney-to-Hobart yacht race.

The thrill of victory was not complete, however: Ellison and his crew did not win the race in record time as they had hoped. The skipper of theSayonara did have the satisfaction of beating local favorite Brindabella once again, as he did in the Canon Big Boat Challenge on December 21, 1995.

Race coverage, including photos, QuickTime video clips, and regularly updated standings was available throughout the 2 1/2-day event and can still be accessed at the Oracle, MCI/NewsCorp, and Telstra Web sites.