It s the first time after 76 years of racing that it s been cancelled. Bankart was set to compete in the new Two-Handed Division on Alex - Team MacAdie with Jock MacAdie. Mooloolaba resident John Bankart was set to sail in the new Two-Handed Division on Alex - Team MacAdie in the Sydney to Hobart before it was cancelled. He wasn t entirely shocked on the Cruising Yacht Club of Australia announcement. I think we re all very disappointed obviously but I think the majority of the people in the fleet probably had it in the back of their mind that it could ve been knocked on head at any stage, he said.