Beginning with the One Tonner Ganbare in 1973, Peterson's designs have pioneered many innovations in racing and cruising yachts.

[2] In the mid-1970s, Peterson's designs dominated offshore racing events, with a string of winning high-profile IOR boats.

[5] Designed 'Deception' One Tonner launched in 1978 with Fractional rig and fixed keel, won her division in the 1978 Sydney to Hobart yacht race and placed eighth overall.

Also designed ‘Streaker’ one tonner launched several years earlier, which also won her division and placed fourth overall in the same 1978 race.

[7] In 2000, Peterson designed the winning Louis Vuitton Cup boat for Prada Challenge.