They meet the week before Sailing Week at the Antigua Classic Yacht Regatta.

FORBES: Two Sheets to the Wind

Mr. Simpson, 36 years old, who won a gold medal at the 2008 Olympics and a silver at the 2012 Games, was "trapped under a solid section of the yacht, " said Iain Murray, the Cup's regatta director.

WSJ: Before America's Cup Capsize, Concerns About Safety

With a boisterous crew that included his barber from Connecticut, an architect, and venture capitalist Edward Anderson , Frantz got a taste of bygone glory as he surfed the wooden yacht down the face of brilliant Caribbean rollers in the last race of the regatta to beat Belle Aventure, an 84-foot Fife ketch built in 1929.

FORBES: Two Sheets to the Wind