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With the exception of the Special Cups, the Prizes were donated by the ports of Weymouth and Saint Malo, the Square Rigger Club and the Richard Langhorn Trust.
See also: MAX's Photos

| Vessel Name | Finish Date & Time |
Elapsed Time Days Hr:Min:Sec |
Corrected Time Days Hr:Min:Sec |
Position Class OA |
|
| Ocean Venture | 04/06/02 03:42:02 | 1 12:42:02 | 1 07:06:39 | 1 | 1 |
| Frigate Of Cowes | 04/06/02 10:19:28 | 1 19:19:28 | 1 09:30:41 | 2 | 2 |
| Donald Searle | 04/06/02 10:20:55 | 1 19:20:55 | 1 11:06:13 | 1 | 3 |
| Rona II | 04/06/02 10:13:20 | 1 19:13:20 | 1 12:26:26 | 2 | 4 |
| Leopold Muller | 05/06/02 01:01:16 | 2 10:01:16 | 1 12:58:57 | 3 | 5 |
| St Barbara V | 04/06/02 10:15:01 | 1 19:15:01 | 1 16:35:25 | 3 | 6 |
| Discovery | 05/06/02 00:34:38 | 2 09:34:38 | 1 17:04:52 | 4 | 7 |
| Helen Mary R | 05/06/02 01:55:00 | 2 10:55:00 | 1 22:10:43 | 5 | 8 |
| Mutin | 05/06/02 02:00:00 | 2 11:00:00 | 2 08:08:40 | 1 | 9 |
| Asgard II | Retired |
| City Liveryman | Retired |
| Cushag of Mann | Did not start |
| Golden Vanity | Retired |
| Morning Star of Revelation | Retired |
| Richard Langhorn | Did not start |
| Vigilant | Retired |
| 1st | Knots book | Ocean Venture |
| 2nd | Heavy Weather Sailing book | Frigate of Cowes |
| 3rd | Sea Birds book | St Barbara V |
| 1st | Knots book | Donald Searle |
| 2nd | Heavy Weather Sailing book | Rona II |
| 3rd | Sea Birds book | Leopold Muller |
| 4th | Sea Birds book | Discovery |
| 1st | Knots book | Mutin |
| Ship furthest from home port | Bell | Asgard II |
| Ship which made greatest effort to participate | Sea Birds book | Cushag of Mann |
| Ship with youngest average age of crew | Knots book | Helen Mary R (22.86 years) |
| Ship with youngest skipper | Heavy Weather Sailing book | Mutin (Captain Patrice L'Hour 37 years) |
| Youngest crew member | Whistle | Adam Hopps (Discovery - 15 years on 14 May 2002) |
| Cook longest at sea | Knife | Cyrille del Vitto (Mutin) |
| Small Ships Communications Prize (Awarded to the ship that has contributed most to running of radio schedules.) |
Heavy Weather Sailing book | Discovery |
| Act of seamanship | Bell | Morning Star (Repairing triatic stay) |
| Oldest Ship in fleet | Clock | Golden Vanity (1908) |
| Resilience | Clocks (2) | Vigilant and City Liveryman |

Seven Seas Club Trophy for Line Honours Awarded to the first vessel to cross the finishing line: Ocean Venture
The Aurora Trophy Awarded to the first vessel on corrected time: Ocean Venture
The Richard Langhorn Trophy for the Spirit of the Race Awarded to the ship, which, in the opinion of the captains and crews of all ships taking part in the 2002 Small Ships Race, has done the most to promote international understanding and friendship: Discovery