Chancellor, an extensively tuned Beneteau 40.7, has a distinguished racing pedigree and is a tried sail training yacht for east coast sailors.  Based in Rose Bay, Chancellor is a regular summer racer and regatta boat.  A previous winner of the Coffs Harbour races as Le Billet, as well as a Rolex Sydney Hobart and Sydney Mooloolaba competitor, Chancellor likes to head north during the winter season to compete in the northern sailing program including Airlie Beach and Hamilton Island regattas.  This will be the fifth Rolex Sydney Hobart for this hard working yacht.