Of the fifty yachtsmen who sent letters of intent to compete, only five eventually started. Hasler himself sailed one of the smallest boats in the race, his heavily modified Nordic Folkboat "Jester", and finished second in 48 days to Chichester's much larger "Gipsy Moth III". "Jester" was equipped with Hasler's self-steering system. Hasler had "Jester" built some years prior to the first trans-Atlantic race, specifying that a fully enclosed deck, with two circular hatches in the cabin top rather than a conventional cockpit, be built on the standard hull. He used the boat as a floating laboratory to develop his self-steering system, and also pioneered the use of a Chinese-style junk rig on a western yacht, to avoid the physical effort and potentially dangerous deck-work, required to handle a conventional rig single-handed. The junk rig allowed all sail handling to be done from the safety of the central control hatch, and Hasler claimed he could sail "Jester" across the Atlantic without ever leaving the cabin. Hasler and "Jester" returned for the 1964 OSTAR, finishing fifth in 37 days, 22 hours. On his return Hasler, who was becoming disenchanted with what he perceived as the race's commercialisation, and the increasing size, complexity and expense of the yachts brought about by sponsorship, sold "Jester" to Mike Richey. Richey continued to race the boat until she was lost in an Atlantic storm during the 1988 OSTAR.