The Perini Navi Cup at Porto Cervo, Sardinia, qualifies as one of the best events of the 2011 season because of its superb organization, fabulous food, camaraderie among the owners and the fleet’s outrageous total amount of tonnage. Seeing the owners of these hyperexpensive and beautifully crafted yachts racing around the buoys as though it were a Wednesday night beer-can regatta simply has to bring a smile to one’s face.