Sailing (racing actually but that's not material) in the Solent today in very light airs and with calm sea we were on collision course with a yacht (motoring) towing another yacht close behind. We were close hauled and they were approaching from our starboard bow.
I felt that as they were motoring they should give way and they could have done so by turning a few degrees early on to pass behind us. Instead they started waving and gesticulating that they were towing. When close they shouted they were "restricted in their ability to maneouvre and we must give way" then "check you collision regs". As we got closer we decided to tack as although I still felt they're restriction to maneouvre was not that great (not much worse than a yacht towing a tender) but valued my boat more than a couple of charters did. Then they shouted "be a sport"!
Was I right that I was the stand-on vessel? Opinions, please.