Baby Clipper
Blue baby boy pony (ringed hooves) with white mane and tail (mane cut short on purpose), red and white sailboat (yacht) symbol.
Baby Clipper was the second of the baby boy mail order ponies, to follow Lucky sometime around 1988. He was first advertised on a flier with the Sparkle Ponies, although what his actual connection to them was is dubious.
He was sold with intentionally cropped white hair to mark out that he was meant to be a boy :)
He was never sold in the United Kingdom.