Hey Kristaia:
The short answer to the question is that you and your little one won't really be able to see much of Dad except in the wee distance and you should probably find something else to do.
If you are thinking of the excursion in St. Maartens, the tenders bring everyone out to the boats that are anchored in the middle of the harbour and they then move out farther away from shore for the big race. Except with binoculars, you unfortunately would not see much of Daddy except some sails whizzing past in the distance.
It really is a blast and your husband (and/or you) should consider going. I, and my oldest daughter, went on the Regatta last year and we loved it. We were disappointed that my wife and youngest daughter, aged 11 could not go so that we could make it a family event, but the age limit of 12 is enforced. They went shopping
For a longer write-up on our experience:
Dave in the Frozen North