Racing yacht flotilla down River Thames

The video discusses a competitive race involving Canadian and British teams, highlighting the tight point differences and changes in standings. Londonderry's performance is noted, and the final standings are revealed, including the role of unofficial mascots.

What is the context of the phrase 'Very tight race'?

What was the point difference in the last race mentioned?

Who is mentioned as being in second place?

What does the speaker say about the structure?

What is the significance of the unofficial mascots mentioned?