[5] After sailing on Lion New Zealand during the 1985–86 Whitbread Round the World Race, Rae joined the New Zealand Challenge that competed on KZ 7 at the 1987 Louis Vuitton Cup.
[6] He was then onboard Team New Zealand when they won the 1995 America's Cup with Black Magic.
He then returned to ocean sailing, being on board Innovation Kvaerner during the 1997–98 Whitbread Round the World Race, before rejoining Team New Zealand for the 2000 and 2003 America's Cups.
[7] He then was part of the team's entry into the 2011–12 Volvo Ocean Race, Camper Lifelovers, before the AC72 crew for the 2013 America's Cup, which Team New Zealand lost 8–9 to Oracle Racing.
[8] He joined Team Vestas Wind for the 2014–15 Volvo Ocean Race, where he broke a rib before the start of leg 2.