It's a bow-rigged boat- basically, the Stroke is a bowsider. If you look at the chap he's wearing GB lycra, though I can't identify him.
Basically it's a way of having a bowsider stroke your boat. Clare W1 did it for Lents.
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Basically, the entire race was abandoned. They started racing division one, but 10 boats basically sank- and these were the top crews, including Leander and a few others in nice boats, e.g. Empachers, Fillipis, etc. VERY bad conditions. There's a lot of chat on rec.sport.rowing about it, too.
Perhaps FaT should have taken their Coastal Four down, they'd probably have won by staying afloat!