Steve
If Mike Worrell is not a criminal why didn't he give the $5000 entrance fees back to the teams? What did he spend all that money on? The race never started, so what were his expenses: hotels - none, rental cars - none, charter boats - none.
Mike stole that money from the sailors to pay his back bills and law suits, which is illegal. Mike's luck just ran out when he had spent all the money for the 2003 event and could not find someone to fund it. Steve, since it does not bother you, you can send me $20,000 and then we will see if you change your mind.