This is a unique regatta that recognises the contribution of classic yachts to the traditions and history of the bluewater classic.

The Sydney Hobart Classic Yacht Regatta is open to any yacht that has a launch date prior to 1976 and has competed in a Sydney Hobart Yacht Race. Other classic yachts may be invited at the discretion of the Organising Authority.

In 2023, the Regatta will again include the growing IOR Era division. This division is open to any yacht that has a launch date after 1975 and prior to 1991 and has competed in a Sydney Hobart Yacht Race.