Three crazy teens became friends and rented a boat. They sailed out into the middle of the ocean and just went CRAZY. For three hundred days and nights they were at it, having a great old time when suddenly their fun was put to an end by some rowdy jocks and a crotchety old admiral.
The crazy teens decided there was nothing to do but to enter the big regatta - and win.
The day of the big regatta came and the crazy teens were ready. Unfortunately, so were the rowdy jocks, and the arrogant old Admiral and his sidekick, the trusty (but a little slow) Captain Doak. There were plenty of deep-sea hijinks! The rowdy jocks were put in their rightful place, and Captain Doak did some things so funny and dumb that the old Admiral got all mad at him! The Admiral, regularly a solemn figure of much authority, was ridiculed and made silly, producing lots of laughs for the crazy teens.
The crazy teens said "Woo!" and pulled into the lead. They even crossed the finish line. As the winners, they got trophies and female crazy teens who were mirror images of their personalities, but really pretty. There were smiles all around, except for the disgruntled Admiral, who had to clean up the whole mess. The crazy teens and their women laughed and hugged, as the camera panned out.
Naturally, that night the Admiral shot himself. Those crazy teens!