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With Princess Grace and the children waiting in Monaco, all set for an oceangoing holiday, Prince Rainier, 40, flew to Amsterdam to take possession of his new 290-ton, $694,000 yacht Albecaro II, named for little Albert and Caroline. But before officially presenting the ship to Rainier, Shipbuilder Herman Kerstholt and 80 guests took it for a gala trial run in the North Sea. Ten miles offshore, smoke and flames suddenly lashed out of the engine room. An explosion sent passengers into panic, and since there were no lifeboats, only the timely arrival of rescuers prevented tragedy. When rescued...

Author: /time Magazine | Title: People: Aug. 23, 1963 | 8/23/1963 | See Source »

...Grand Prix, barely lost the world championship to Graham Hill when his Lotus sprang an oil leak in the season's final race. Bad luck still plagued Jimmy at the start of the 1963 season: his gearbox suddenly seized while he was leading the Grand Prix of Monaco. Then, on Memorial Day, Clark tried his hand at Indianapolis in a specially built Lotus-Ford, came in second in a controversial race many people think he should have won. He has not lost since. In the rain-drenchec Belgian Grand Prix, he led from start to finish while holding...

Author: /time Magazine | Title: Auto Racing: Jimmy's Year | 7/12/1963 | See Source »

...Rudolf Schock made the biggest gain among tenors (14 to 38), but it must give him an edgy feeling to see that Enrico Caruso, silent these many years, is right behind him, having posthumously grown in popularity from 20 to 36, thanks to reissues of old recordings. Mario Del Monaco is the most recorded tenor with 39, Fernando Corena the most recorded basso (38), and Dietrich Fischer-Dieskau, with an astonishing jump from 46 to 82 recordings, the busiest baritone...

Author: /time Magazine | Title: Records: Spinning Statistics | 6/28/1963 | See Source »

...race). Owned by Paris Hotelman Francois Dupré and a stablemate of Match II, which won last year's $125,000 Washington, D.C., International, Relko picked up $98,950 for his afternoon's outing at Epsom. > Britain's Graham Hill: the 195-mile Grand Prix of Monaco, deftly guiding his B.R.M. around the twisting, hilly course at a record average speed of 72.4 m.p.h. The 1962 world racing Champion, Hill was trailing the Lotus of Scotland's Jimmy Clark by 25 sec. on the 79th lap when Clark was forced out with a jammed gearbox...

Author: /time Magazine | Title: Scoreboard: Who Won Jun. 7, 1963 | 6/7/1963 | See Source »

...only dabble in stamps to the considerable number of absorbed adult collectors who spend at least $1,000 a year. Harmer's alone last year turned over $3,000,000 worth of stamps by auction or private sale. Several small nations that philatelists consider particularly interesting-including Monaco, Liechtenstein, San Marino, the Vatican and lately Ghana-depend on selling their stamps to collectors as a way of replenishing their treasuries. Pitcairn Island, where the Bounty mutineers settled, receives almost half its revenue from stamps that never see Pitcairn but pass directly to stamp dealers from a printing plant...

Author: /time Magazine | Title: World Business: More Than Child's Play | 6/7/1963 | See Source »

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