Some History
"Motorboating Magazine", June 1963...
"Anyone looking for a new trophy? Motorboating Magazine has placed the Charles F. Chapman Trophy into competition. It will be awarded to any motorboat owner who runs his boat from Miami to New York faster than Sam Griffith did with his Bertram rig last year. Those who try, but fail to improve on Griffith's mark, will get certificates.
Chapman is the boatman who navigated for Gar Wood on the record-breaking 1921 Miami-New York trip. No one did it faster until Griffith came along 41 years later."