The 1962 America's Cup, the second to be sailed in 12-metre yachts, marked the first challenge for the Cup from a country other than Great Britain or Canada, and was the first challenge from a country in the southern hemisphere. An Australian syndicate headed by Sir Frank Packer, representing the Royal Sydney Yacht Squadron, challenged with their yacht Gretel. Although the New York Yacht Club won the regatta four races to one represented by the yacht Weatherly, the challenger, Gretel won the second race, beating the Americans for the first time since the 1930s, and only lost the fourth race by twenty-six seconds. The NYYC was so shocked at the closeness of the contest that they immediately changed the rules to ban the use of American design and technology by Cup challengers.