Television mini-series following the events leading up to Australia's 1983 win in the America's Cup under the auspices of Alan Bond.
Moran notes in his Guide to Australian TV Series that
1986 was an apposite year to show the series as Bond's company prepared for the next challenge in early 1988. Once Australia had lost the Cup back to the US in 1988 there was little life left in the series. In addition Bond's business dealings were becoming public and throwing a less than flattering light on this tycoon of industry. In 1988-89 he lost control of the recently purchased Nine Network and by 1992 bankruptcy was only a breath away. The Challenge, especially in its portrait of Bond, was destined then to become a historical curiosity.