June 2, 1974, MIAMI — Tragedy nearly struck during the first heat at yesterday's Champion Spark Plug Regatta at Miami Marine Stadium, as Leslie Rosenberg's new Valu-Mart unlimited hydroplane lost its rudder in a close race with the Pay 'n Pak, driven by George Henley.
Valu-Mart driver Ron Armstrong was thrown out as the boat hooked and spun to the right. Miraculously, Armstrong was not seriously injured, suffering only a bruised neck. His boat, however, was not so lucky. With its transom completely torn out, the boat sank before it could be retrieved.