After an absence from being awarded annually, the Sperry Gold Cup will be presented to the overall winner of the Lake Ontario 300 Challenge IRC Division.
The Sperry Gold Cup was deeded in a certain way that prevented it from being handed out if there were less than 12 boats in the fleet. With new management at Sperry Canada and a revived sponsorship arrangement, the Sperry Gold Cup will be the Overall IRC Championship trophy going forward. The championship boat will receive a customized championship flag similar to the one being presented to the Sperry Cup Champions (PHRF).
The Lake Ontario Offshore Racing committee value the competitive nature of IRC yachts and are hoping to see registration of IRC boats increase in the coming years.