Information I've found on the web to date...

The Red Funnel Quarter Ton Cup is on!
You can find details at the Royal Corinthian Yacht Club (Cowes) homepage.
19 teams including some legendary names (Ron Holland, Ed Dubois, Peter Morton...) are battling it out in nine races held between Monday 5th and Wednesday 7th June 2006.

From the pre-race press release:

You only have to mention the Quarter Ton Cup to sailors of a certain age and they get that far away look and start mourning the good old days.  Thanks to the Royal Corinthian Yacht Club Cowes their days of mourning are over and they can climb back into their Quarter Tonners and relive those glory years at the Red Funnel Quarter Ton Cup 2006 from Monday 5th to Wednesday 7th June 2006.  Through the winter crews have been busy buying, rebuilding and refitting boats ready for the regatta and 24 crews are expected to come to the line on Monday morning. 
 
Tony Dodd and his reigning Purple Haze crew will be back to defend their title and there are some legendary boats out to give them a run for their money including Tom Bombadil, now owned by Chris Frost and Kevin George; Panic, owned by Charlie Hutton and originally built and part designed by Russell Smith who will be sailing his own boat Zipper; Peter Morton's Espada; Odd Job, recently repurchased by one of her previous owners Paul Treliving; Catch owned by Darren Marston who so enjoyed sailing aboard Super Q last year that he went out and bought his own boat; and Extension, being sailed this year by former owner Paul Grant, a hovercraft pilot from Ryde;
 
Among those travelling long distance to take part in the regatta are Alice (the former Fourmates) now owned by Ken Bruneflod from Sweden; Merlin, which is being sailed up from Teignmouth overnight on Saturday by Giles Bowerman and his crew; Laurent Beaurin and 45 South are coming in from France; and Graydon Dawson's Diamond is travelling down from Sunderland.  Graydon was so impressed by the beautiful job Peter Morton did on Super Q last year he has spent the winter refitting Diamond and returning her to her original glory.
 
Alongside the main competition we have some interesting side bets including a husband and wife battle between Peter Morton, sailing Espada, and his wife Louise sailing Super Q.  The battle between designers Ed Dubois, sailing his one off design Enigma, and Ron Holland, helming his legendary Manzanita for owners Joxer O'Brien and Neil Kenefick, should also be entertaining to watch.  The Manzanita team will be hoping for better luck at this year's regatta as in 2005 they lost their rig on the first day and were forced to spend the rest of the regatta watching from the bar (not a great hardship to these Irish sailing legends!).
 
There was always a great sense of camaraderie about the Quarter Ton Class and nothing has changed in the intervening years as Peter Morton found out last week when he realised that time was running out to complete the rebuild of his recently acquired Espada.  Just as he thought he would have to admit defeat and sit out this year's event the reigning Quarter Ton Cup holders Tony Dodd and Jim & George Webb of Purple Haze plus Anthony Spillerbean from Super Q came to his rescue and spent last weekend helping to refit Espada's keel so she is now all set to compete.
 
The regatta's "Still Crazy After All These Years" motto says it all and competitors are looking forward to three great days of racing and three equally fun nights of partying.  Following the success of the inaugural revival event last year racing will again take place under IRC, allowing Quarter Tonners of all eras to compete on a level playing field.  Nine races are scheduled over the three days with day sponsors Casse Tete boat builders, UK Halsey sailmakers and paint company Veneziani supporting overall sponsor Red Funnel.

Photos have been added to the 1/4 Ton photos page

The Quarter Ton Cup was revived last year (2005) and held at RCYC Cowes in the UK. This was the first 1/4 Ton Cup held since 1996. The NoR for the 2006 1/4 Ton Cup is up at their site already and I, for one, wish I could be there.

There are some great pics and a detailed report on the 2005 Red Funnel Quarter Ton Cup here
Here is their really cool logo

2005 QUARTER TON CUP WINNER POWERED BY TAPE-DRIVE
From one of the UK Sails web sites


Photo by Fiona Brown
     After going through a three-year refit, the brightly finished Quarter Tonner, PURPLE HAZE won the 14-boat Quarter Ton Cup last June and two days later went out and won the 555-boat IRC division in the Around the Isle of Wight race. Neither was an easy feat.
     Built in 1978 PURPLE HAZE was designed by the renowned David Thomas. Tony Dodd has owned the boat for three years, during which time he has carried out an extensive refit, including new veneers over the entire hull. A varnished boat, she is an amazing credit to their efforts and looked absolutely stunning on the water. Making her refit complete was full set of Tape-Drive sails.
     The Quarter Ton Cup was revived after a nearly long hiatus brought on by the death of the IOR Rule. Designer Ron Holland presented the prizes for the regatta and spoke about the vital role that the Quarter Ton Class had played in the education of so many of today's great yacht designers. He closed with the comment, “I couldn't have done MIRABELLA (the largest sloop in the world) without the Quarter Ton Cup!”
     The Quarter Ton Cup went right down to wire with PURPLE HAZE tied with SUPER Q at 11 points after six races over two days, which produced white-knuckle conditions. The final three races were sailed in a more sedate 6-12 knots.
     "Thrashing 23-foot boats around in approaching 30 knots of breeze was terrific. We laid them on their sides, tipped them over and had great fun. It was a brilliant day's sailing and you realize just how good Grand Prix rules are when the boats are so different in shape but finish only seconds apart after such tough racing," said Peter Morton, skipper SUPER Q.
     PURPLE HAZE revelled in the lighter airs and went on to win from Chris & Sue Flewitt's OLIVIA ANNE VI and Roger & Liz Swinney's AYANAMI, while SUPER Q finished 10th. A little bit of rig tweaking between races put SUPER Q back on track and she prevailed in a humdinger of a dog fight. A last race thriller did not materialize because PURPLE HAZE got a cracking start and sailed a textbook race to win both the race and the 2005 Quarter Ton Cup.
     For Tony Dodd, winning the Gold Roman Bowl, the most prestigious trophy award amongst the 1692-boat in the Round the Island Race, was the absolute icing on the cake: “We were delighted to win the newly resurrected Quarter Ton Cup earlier in the week. We never imagined we'd do so well in the JPMorgan Asset Management Round the Island Race too.”