The F-27 Sport Cruiser is an American trailerable trimaran sailboat that was designed by New Zealander Ian Farrier in 1984–1985.

[1][4][5] The F-27's concept started in 1973 in Australia when Farrier developed and patented the outrigger folding system that made the design possible.

Ten years later Wal-Mart heir John T. Walton approached Farrier about designing a boat and setting up production in the United States.

Farrier agreed to take on the project on the condition that he had control of all aspects of the enterprise from design to production.

Walton agreed and so Farrier moved his family to the US in March 1984 and started work in the position of Vice President.

[1] Over the first few years, new production techniques, such as vacuum bag moulding, were introduced that increased efficiency and allowed more boats to be produced.

In 1987 the factory was expanded to 27,000 sq ft (2,500 m2), by leasing the existing second half of the building and putting in an intervening door.

[1] The F-27 is a small recreational trimaran, built predominantly of carbon-fiber-reinforced polymer, fiberglass, Kevlar and foam.

[1] In August 1990, F-27s became the first multihull sailboats invited to compete in the National Offshore One Design Regatta held at Newport, Rhode Island.