| Red Funnel Easter Challenge - IRC3 |
| Race 1 |
| Start: Fri 29 Mar 02 14:20:00 |
| Sail No | Boat | Owner | Finish Time | Elapsed | Handicap | Corrected | Finishing Place | Points | Comments |
| GBR9928 | Software Mistress | Ian Maclean | 15:52:00 | 1:32:00 | 0.961 | 1:28:25 | 1 | 1 | |
| GBR1169T | Excalibur | Mike & June Tong | 15:55:55 | 1:35:55 | 0.934 | 1:29:35 | 2 | 2 | |
| GBR9664R | Penultima | Stewart Broughton | 15:53:50 | 1:33:50 | 0.957 | 1:29:48 | 3 | 3 | |
| GBR2588R | Drakes Drum | Go Sail | 16:01:44 | 1:41:44 | 0.921 | 1:33:42 | 4 | 4 | |
| GBR7100T | White Lightning | Michael Holmes | 15:56:43 | 1:36:43 | 0.973 | 1:34:06 | 5 | 5 | |
| GBR5464T | Guinevere | HMS Sultan (RN) | 15:58:33 | 1:38:33 | 0.972 | 1:35:47 | 6 | 6 | |
| GBR1337R | Thunderflash | Royal Logistics Corps YC | 15:58:45 | 1:38:45 | 0.981 | 1:36:52 | 7 | 7 | |
| GBR5324 | J Livingston Seagull | Keith Gibbs/ Anthony Miles | 16:07:08 | 1:47:08 | 0.916 | 1:38:08 | 8 | 8 | |
| GBR6197 | Misty | David Cheney | 0.903 | 10 | DNC-Did Not Come to Starting Area |