National

JFK sailboat fails to sell at auction

Associated Press
This July 29, 2014 handout photo provided by Heritage Auctions shows John F. Kennedy’s Star Class Sailboat, Flash II, which he owned and raced with older brother Joseph P. Kennedy in the Nantucket Sound Star Fleet between 1934 and 1940. It will be offered for auction on Monday, May 18, 2015, in Dallas, by Heritage Auctions.
This July 29, 2014 handout photo provided by Heritage Auctions shows John F. Kennedy’s Star Class Sailboat, Flash II, which he owned and raced with older brother Joseph P. Kennedy in the Nantucket Sound Star Fleet between 1934 and 1940. It will be offered for auction on Monday, May 18, 2015, in Dallas, by Heritage Auctions. Don Hoffman Heritage Auctions via AP
DALLAS

A sailboat once owned and raced by President John F. Kennedy has failed to sell at auction in Dallas.

Heritage Auctions says that the Star Class sailboat named Flash II failed to meet the consigner’s reserve on the boat of $100,000.

The 22-foot-long sailboat was owned and raced by the future president and his older brother, Joseph P. Kennedy, from 1934 to 1940.

Mark Prendergast of Heritage has said the boat had been painstakingly restored. He said, “Not only is it a piece of American history, it’s also seaworthy and ready for adventure.”

The sailboat’s most recent owner is a Houston man who purchased it in 2005.

This story was originally published May 18, 2015 at 10:15 AM with the headline "JFK sailboat fails to sell at auction."

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