EXCITEMENT is building on both sides of the Gulf Stream ahead of what is set to be one of the largest ocean races ever to take place in the Atlantic. The best part of 300 vessels have signed up for the centennial Newport-Bermuda race, which could bring as many as 5,000 to the island next month in what is being billed as "the largest sports tourism event in Bermuda's history".

Gallant sailors set out 100 years ago to chase for the Lipton Cup, with just three ships chasing the prize and although the biennial race has changed much over its 43 races ? world wars necessitated breaks ? and the stature of the race has grown sufficiently to make it one of the most prestigious ocean races in the world.

The desire to be part of the centennial event has brought back former winners and big name designers as well celebrity sailors like Ted Turner and this year's event, which begins on June 16 is likely to provide plenty of excitement across the 635-mile route.

The famous parties which take place on either side of the ocean will be staged with even more vigour as part of the anniversary celebrations and the Princess Royal has agreed to be the guest of honour for the post-race prizegiving at Government House.

On the sailing front, the success of the Demonstration Division has meant a return of the big boats once again.

Part-time Bermuda resident Hasso Plattner's lopped five hours off the previous record crossing time with his 'unofficial' 48 hour finish.

There had been talk in Newport pre-race of a 36-hour finish in favourable conditions, something that never came close to materialising.

This year, there will no doubt be a similar buzz around the Rhode Island bars, particularly with in the fleet.

This 80-foot monster could well put two-day crossing record in doubt as the boundaries of racing technology are pushed to the limit.

Although the Newport-Bermuda organisers have allowed the top tier of ocean racing ? in terms of size, cost and technology ? into their historic race, they are insistent keeping these hulks in Demonstration Divisions so as to preserve the core identity of the event.

And that core identity, one of amateurs pursuing the goal of a potentially-dangerous 635-mile crossing under a class and handicapping system that gives everyone ? including double-handers and those who prefer celestial navigation to modern technology ? a chance.

Seven Bermuda boats will be taking part including regular competitors Robert Mulderig on and Colin Couper aboard and once again with Governor Sir John Vereker aboard for his second Newport race and third Gulf Stream crossing.

"There's something very special about this race," an American crew member from one of the bigger yachts said after the 2004 race on the terrace of the Royal Bermuda Yacht Club ? dark 'n' stormy in hand.

"It's hard to describe but you have a wonderful start in Newport, a challenging crossing that truly tests everyone on board and when you finish, well, you are in Bermuda.

"Of course I'll be back in two years."