Red boat marked GRAHAM races across water.
A red boat is winning the race.
The fact the red boat races doesn't imply that it is winning the race and and is participating in a race.
exists e1 s1 x1 x2 x3 x4.(across(e1,x4) & n_water(x4) & Theme(e1,x2) & Actor(e1,x1) & v_mark(e1) & n_race(x2) & (x2 = x3) & ne_org_graham(x3) & n_boat(x1) & a_red(s1) & Theme(s1,x1))
exists e1 s1 x1 x2.(n_race(x2) & Theme(e1,x2) & Actor(e1,x1) & v_win(e1) & n_boat(x1) & a_red(s1) & Theme(s1,x1))