 The property was sold to Grace Hotels in 2010.He led the British sailing team in its challenge for the America's Cup in 1983 but his contender, "Victory 83", was beaten by "Australia II" in the final heat.He used the motoryacht "Kalizma" (formerly home to Elizabeth Taylor and Richard Burton during filming in London, named for their children) as a support vessel for the America's Cup races, but has since sold the ship.