Abstract: A spinnaker raising and lowering system is provided for a sailboat. The system includes a first pulley mounted in a movable mounting. A second pulley contained in a mounting which is fixed to the deck of the sailboat. A third pulley contained in a mounting that is disposed in a fixed relation to the mast of the sailboat, and is fixed above the deck, and a fourth pulley contained in a mounting that is disposed in fixed relation to the first pulley. A first rope attached to the top of the spinnaker extends around the third pulley, first pulley, second pulley and then is attached to the mounting of the first pulley. A second rope attached to the bottom of the spinnaker extends forwardly around the fourth pulley and then to the mounting of the first pulley. A third rope attached to the leading edge of the spinnaker intermediate the attachment points of the first and second ropes extends aft through a spinnaker sleeve.