I use to work for Playboy and covered the Pina Colada Regatta. A great sailboat race. First thing to do was for all the crews to finish a 50 gallon barrel of Pina Colada's then take all your clothes off and get on the boat and race. They had great trophies such as the best 'candidly frank nude crew' and the most 'drunk' crew. All overseen by a couple of 'designated drivers' on each boat.
I believe that they still have the race but it's not what it use to be.