Vanderbilt wins the America's Cup against Lipton's Shamrock V.
Full title reads: "Yachts Fill Sea as Enterprise wins Cup Races. Newport, R. I."
Introductory intertitle reads: "Vessels worth millions of dollars form floating gallery as Shamrock V makes gallant attempt to win America's Cup."
Newport, Rhode Island, United States of America (USA).
Flotilla of wide variety of ships and boats sails out to sea.
People stand outside building near quay. The building is hung with American and British sailing flags.
Shots of various unidentified people boarding motor launches - presumably they are connected with the race.
Intertitle reads: "Sir Thomas Lipton the World's best sportsman, who has spent a fortune in his efforts to win the famous yacht trophy."
CU Sir Thomas Lipton seated on boat.
Intertitle reads: "Harold S Vanderbilt, whose masterly handling of Enterprise has been the talk of the yachting world."
CU Harold Vanderbilt.
Intertitle reads: "Enterprise - American Defender - and Shamrock V, British challenger - fighting it out on the famous course off Newport."
Various shots of the two yachts at sea. Lots of other boats are on the water to watch. The yachts come in to port through the flotilla.