It currently has 75 families and 35 social members sailing 28-foot E-Scow, 19-foot Lightning, and 13-foot Sunfish class boats in three regattas held from June through early October.

Joe Plasket, Ed Dodez, Byron McCammon and Henry Wahl came to Lake Wawasee in 1935 to see if it would be a good location to sail, and perhaps race, their boats.

Bishop’s Boat Livery and Marine Supply, which was located on the northeast corner of the lake near the Eli Lilly property, gave the men permission to use a porch as a meeting place and base of operations as they started racing their handcrafted Snipe sailboats.

In the following year, 1939, the club was incorporated as a legal entity and, with the continued assistance of Eli Lilly, purchased the current land and original clubhouse on Trusdell Avenue.

In July, the club holds a Junior Sailing program, for the purpose of introducing youth members to the sport of sailboat racing.

In 2001-2002, the WYC embarked on an extensive remodeling and expansion of the 1920s clubhouse under the guidance of architect and long-time member John Call and with the full financial support of the club membership.