Peter Copsey from Southsea is onboard Puffin - the oldest yacht taking part in the event at 102 years old.
7,000 crew members are taking part in Cowes Week on the Isle of Wight.
This year's Cowes Week on the Isle of Wight is well underway. The event has a mix of competitive and amateur sailing and attracts up to 1,000 competing boats, more than 8,000 competitors, and 100,000 visitors.
The lifeboat was launched just after 6 pm and was quickly on the scene. One of the lifeboat crew, Dr Will King, checked the man over before he was transferred to the lifeboat. He was then taken to Trinity Landing, Cowes, where an ambulance was waiting to convey him to Newport's St Mary's Hospital.
On the way to Cowes the injured man told the crew that dislocation of his shoulder was a recurring problem for him. The last time was when he fell on the yacht while celebrating St Patrick's Day!
A yachtsman, who was celebrating Andy Murray's Wimbledon win had to be rescued by Cowes RNLI lifeboat yesterday evening.
The 45-year-old was aboard his friend's 39-foot yacht moored in Newtown Creek, when he decided to take a celebratory dive into the sea.
As he hit the water, however, his right shoulder became dislocated. Although his arm was now firmly stuck in the air he still somehow managed to swim to the boat's rear platform where he was helped back on board by the owner.
Jack Bouttell, 22 from Southampton and a member of the Cowes-based Artemis Offshore Academy, has won the coveted Rookie class in the tough La Solitaire du Figaro offshore sailing race.
He's the first Brit to ever do this. The fleet finished in Dieppe in Normandy, France late on Saturday night.
Detectives on the Isle of Wight are renewing their appeal for more information about the disappearance of Damien Nettles on the Isle of Wight exactly sixteen years ago today. The 16-year-old from Gurnard was last seen during a night out in Cowes.
A £20,000 reward issued earlier this month is still on offer for information that leads to his location. His mother, Valerie Nettles, who now lives in America has spoken to Meridian Tonight about the heartache she feels because she does not know what happened to her son.
The sea spilled into the new lifeboat station at Cowes during high tide today today. The lifeboat crew reported two metres of water in the station.
Two home made bombs thought to be connected to the IRA have been found alongside guns and ammunition at woodland on the Isle of Wight.
The South East Counter Terrorism Unit is investigating after the explosives were found by a dog walker close to Parkhurst Prison last month.
Officers think they could be related to IRA prisoners who were being held on the island in the 1970s and 80s. Martin Dowse explains.