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Deep Creek Yacht Club Incorporated was chartered as a non-profit organization in 1948. Originally located on Turkeyneck Road at the present site of the Deep Creek Lake Sailing Association (DCLSA), the club moved in 1965 to its new location on Thousand Acres. The basic purpose of DCYC is to provide a weekend home for its Corporate members who live away from the lake and want to participate in the sailboat racing program sponsored by the Deep Creek Yacht Racing Association. Deep Creek Yacht Club is the home club of Harry Carpenter, the 1988 Flying Scot North American Champion and owner of Flying Scot, Inc. Harry was awarded the 1996 US Sailing "Sportsman of the Year Award", signifying the top sportsman in sailing that year in the entire United States. The clubhouse was designed and constructed by the original Corporate members. Some outside work was contracted, but most of the structure was built by the members. This philosophy continues today with the Corporate members performing most of the Club's maintenance, such as putting in and removing docks from the lake, opening and closing (winterizing) the club, and the general upkeep of the physical plant and grounds. Outside help is contracted when the work exceeds the capabilities of the members.