. >> corey phelps is one of more than 100,000 power boat enthusiasts who come back each year. >> it'sn. the weather is always good. it's fun. >> the temperature is a blistering 97 degrees. and the local announcer brendan matthews is covering the event live. >> we had been on the air little more than an hour, and we knew we could see history made. >> the two-man crew were captured at the beginning of their first speed run in the new carbon fiber boat named no stress. >> we're looking at the monitor, and it's like the boat is on rails. it is a perfect 10 out of 10 run at this point. >> corey phelps has a different vantage point. >> we were anchored a few hundred yards from the finish line. that's where we like to be because they are hitting top speed. i grabbed my camera. and when i saw it, it was running 180 miles an hour. >> and firefighters are standing by to make an emergency rescue, just in case. >> when you are reaching speeds in excess of 200 miles an hour on the water, anything can happen. >> and it does. >> the nose started coming up, and i knew he was in trouble. he did a comp