"At Hobie sanctioned reggattas"
Wow, Must be class legal then. Wonder how many they sold. I never saw one on the road. Looks pretty cool though. I had a '64 in High School with the flip out safari windows up front, for some reason it got nicknamed the "stabin wagon" (nobody got killed in it).
Bet you wish you still had that, they're selling for BIG Bucks. My first car was a 74 bus, had a similar name for probably the same reason.