The Balaton-Füred Yacht Association was founded by members of the Hungarian gentry in 1867. Its first president learned to sail in England. In 1881, an English boatbuilder set up shop adjacent to the clubhouse. In 1884 and again in 1912, it changed names first to Stefania Yacht Association and then to the Magyar Yacht Association and, finally, until World War II, the Royal Hungarian Yacht Club. After World War II, private social groups were disbanded, including the yacht club. In 1948, Istvan Németh founded the Balaton Shipping Workers Sports Association, which became the Balatonfüredi Vasas SC in 1951. In 1985 it became the Ganz Ship Balatonfüredi SE and in 1990 the Balatonfüredi Sport Club. It acquired the name, Balatonfüredi Yacht Club in 1996.[2]