Sailing team crew shirt design

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This customer received 25 t-shirt designs from 12 designers. They chose this t-shirt design from jayneel_s as the winning design.
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T-shirt Design Brief
We're looking for a nice polo shirt/t-shirt design/illustriation for Kialoa III sailing team.
Ideally a shirt with a polo shirt style neck, but plain cotton instead of the knitted standard polo style.
Kialoa III is a historic american racing sailing yacht, built in 1974.
I'm thinking of a yachtie/vintage(70s-80s) typographic style design that plays with the following elements:
Boat name: Kialoa III
Model: Sparkman & Stephens (S&S) 78'
Launched: 1974
Sail number: US-1
Color scheme: Blue/white/red (American/Hawaiian flags)
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Requirements
Must have
- Kialoa III
- US-1
- Color scheme: Blue/white/red (American/Hawaiian flags)
Nice to have
- An illustration that can be used in large format on a "battle flag", and have some elements that can be used standing alone for stickers, hats, other merchandising and crew gear...