For the Key Largo Steeplechase we have two perpetuals.., one for best overall time, and another for the corrected time.
Mary always makes very creative trophies and we award three deep to both skipper and crew. They are sponsored by Caribbean Watersports in Key Largo.

And each finisher is awarded a bottle of champagne. <img src="http://www.catsailor.com/forums/images/graemlins/smile.gif" alt="" />
Seems to work.
Rick