Erm, just over half that amount would be about right (linky).
Not really sure that's the boat to take for a serious offshore race is it? And sure, $300k might get it on the starting line, but we'll see.
So the big question now (if it's such a great example of the boat people want - and cheap too)... How many sold?
I love those boats as much as anyone, but it's extremely hard to get them to market. That's reality. The segment between production racer/cruisers (J/111, SC37, Sydney 37, X-35, X-treme 37, T-34, ...) and racing custom designs from Ker/Farr/Corby/Mills/Bakewell-White is