Sailing/Yachting is an Olympic sport starting from the Games of the 1st Olympiad. With the exception of 1904 and the canceled 1916 Summer Olympics, sailing has always been included on the Olympic schedule. The Sailing program of 1972 consisted of a total of six sailing classes (disciplines). For each class seven races were scheduled from 29 August 1972 to 8 September 1972 of the coast of Kiel-Schilksee in the Bay of Kiel. Kiel hosted the Olympic sailing competitions for the second time, having previously done so during the 1936 Summer Olympics. The sailing was done on the triangular type Olympic courses.

The 1972 Summer Olympics, officially known as the Games of the XX Olympiad and commonly known as Munich 1972, was an international multi-sport event held in Munich, West Germany, from 26 August to 11 September 1972.