Red Bull have said they don't have a dispute with the Norfolk brewer Redwell over their name.
Redwell, based in Norwich, had been sent a letter from Red Bull saying their name could be confused with the energy drink's brand.
This afternoon a statement from Red Bull said: "There is no dispute here. Red Bull has long been willing to allow Redwell to maintain its mark for beer so long as they do not use it for energy drinks. Redwell's solicitor has agreed to this."
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22 Albatross boats, glamorised by the likes of Brigit Bardot and Prince Rainier, are sailing in Norfolk and Suffolk this weekend.