The worlds first official hovercraft race was held on this day on Lake Burley Griffin in Canberra, Australian Capital Territory. Engineering students & backyard boshers descended on the capital with there magnificent machines & mostly, spent the day failing or spinning in circles. At least one of todays makers attended. A 50 year anniversary event was planned but was refused by officials, no lack of those in Canberra, due to insurance worries. cheers.