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Designed by Farr Yacht Design in 1996 (see also Beneteau First 36.7, Mega Byte, and Mumm 30), the Farr 40 was originally intended for the International Measurement System (IMS) circuit. However, the boat quickly became popular for one-design racing around the world. It is a 40-foot keelboat with non-overlapping jibs; the mast, swept-back spreaders, and spinnaker pole are made of carbon fiber. Most lines run below the deck for simplicity. Racing is particularly active in Europe, but there are active regional fleets in the United States. Over 150 boats have been built. The Farr 40 is unusual for a one-design class in having both a management company and title sponsor. The Farr 40 is an International Sailing Federation (ISAF) Recognized Class Association. For more information, read the Farr 40 Wikipedia article.