Organised by the Yacht Club Costa Smeralda, it will be the first time the class has returned to Porto Cervo since 1984 and only the second time in the history of the class. The Scandinavian Gold Cup is one of the oldest competitions in sailing, dating from 1919 and has been raced for by the 5.5 Metres since 1953, so 2023 marks the 70th year of competition for the 5.5 Metre Class.