In sailing, the trapeze is a wire that comes from a point high on the mast, usually where the shrouds are fixed, to a hook on the crew member's harness at approximately waist level.
This is necessary to prevent racing catamarans such as the Tornado from digging the bow into the water, also called pitchpoling, and causing a nosedive and often a spectacular capsize.
When a boat loses power in its sails, and heels to the windward side, the crew on the trapeze may get dipped in the water if they do not react in time.
Quick release harnesses are already widely in use, and make it possible for sailors to unhook themselves from the wire from all angles while it is under tension, thus decreasing the chance of getting trapped underwater or in dangerous conditions.
There are counterclaims for the origin of the device: On balance it seems likely that Peter Scott developed Beecher Moore's Bell Rope, which was satisfactory for river use, into the more seaworthy harness used on Thunder and Lightning in its 1938 Prince of Wales Cup success.