The Jules Verne Trophy is a prize for the fastest circumnavigation of the world by any type of yacht with no restrictions on the size of the crew provided the vessel has registered with the organization and paid an entry fee. A vessel holding the Jules Verne trophy will not necessarily hold the absolute round the world record. The trophy was first awarded to the first yacht which sailed around the world in less than 80 days. The name of the award is a reference to the Jules Verne novel Around the World in Eighty Days in which Phileas Fogg traverses the planet in 80 days. The current holder is IDEC Sport skippered by Francis Joyon in 40 days 23 hours 30 minutes 30 seconds.

Sir Peter James Blake was a New Zealand yachtsman who won the 1989–1990 Whitbread Round the World Race, held the Jules Verne Trophy from 1994 to 1997 by setting the around the world sailing record as co-skipper of ENZA New Zealand, and led New Zealand to successive victories in the America's Cup.