The Australian Three Peaks Race is a short-handed offshore sailing and endurance mountain running event that was held in Tasmania, the southernmost state of Australia, over the Easter long weekend.
It was a non-stop event, commencing at Beauty Point just north of Launceston on the Tamar River, during which runners were transported by yacht finishing in the Tasmanian capital city some three to four days later.
The organising committee made the painful decision to defer running the event until economic and social pressures ease to make the race again viable.
The trophy is named after the famed Harold William (Bill) Tilman CBE, DSO, MC, FRGS, FRIN Soldier, Mountaineer, Explorer, Sailor 1898–1977 who was the first President of the United Kingdom-based Barmouth to Fort William Three Peaks Yacht Race.
The UK organising committee in 1989 kindly donated a silver tray trophy to be awarded to the first team to win the race based on a points system that favoured older teams, older yachts and all round participation.