Designed by Gordon V. Harris and built by Rydgeway Marine Ltd. in the UK starting in 1980, this 23-foot masthead sloop represents a thoughtful approach to compact cruising sailboat design. The Pegasus 700's proportions reveal a boat engineered for coastal cruising and weekend adventures, with her fin keel configuration providing good upwind performance while maintaining manageable handling characteristics for smaller crews. With a displacement of 2,866 pounds and ballast of 1,323 pounds, she carries nearly half her weight in ballast, contributing to stability and seaworthiness that belies her modest size. The comfort ratio of 13.31 suggests a relatively light displacement design that prioritizes sailing performance over pure comfort, while the capsize screening formula of 2.33 indicates reasonable stability for coastal and protected water sailing. Her fiberglass construction and masthead sloop rig offer durability and straightforward sail handling. The 18.58-foot waterline length generates a theoretical hull speed of 5.78 knots, making her a pleasant performer in light to moderate conditions. This combination of characteristics makes the Pegasus 700 well-suited for sailors seeking an affordable entry into cruising sailing, day sailing, or as a stepping stone to larger boats.
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