As of this morning's reporting schedule, most of the fleet are in quite a compact group, although Lietuva (Lithuania), the leader on the water, is streaking ahead some 34 miles from her closest rival, Dar Mlodziezy (Poland).
In Class A, Dar Mlodziezy is leading Mir (Russia) in second place with some 16 miles between them, with Fryderyk Chopin (Poland) in third, all on corrected time.
in Class B, Tecla (Netherlands) leads, with De Gallant (Netherlands) in second place and Johann Smidt (Germany) in third, all on corrected time.
There are only two placings in Class C: 4 Oceans' Dream (Poland) in first and Villa Mare (Finland) in second, both on corrected time. The third Class C vessel, Smialy (Poland) missed her report this morning (though we know she is safe and well).
Fujimo (USA) - pictured crossing the start line - leads Class D, followed by Anya (Finland) and Lietuva in third, all on corrected time.
Class D vessel Elena (Russia) also failed to report this morning, though she is close to the rest of the fleet.
Overall, Dar Mlodziezy is the race leader on corrected time.
At the front of the fleet, Lietuva, who has passed Waypoint One, has WSW winds at 23 knots, while those in the middle of the fleet have a westerly wind at 20 knots. This is enabling them all to make good progress towards the finish line.
To view the leaderboard, click here
To track the fleet in real time and see the positions on the water, click here
The Culture 2011 Tall Ships Regatta is organised by Sail Training International.