1974
1974 was a significant year for Peterson, as it was his most successful in terms of contest results.
The year started with a second place finish to Wayne "Rabbit" Bartholomew in the Queensland titles. Intense rivals at the time, the loss was Peterson's second to Bartholomew in the Queensland titles event.
Peterson then won the Kirra Pro-Am, in a victory that was the start of a renowned run of wins. The next event was the Bells Beach Classic, where Peterson won by a big margin with a tightly controlled performance.
The inaugural 2SM/Coca-Cola Surfabout was held in May 1974. A A$2400 first prize was offered by the soft drink sponsor and a new prize record was set for the Australian contest circuit. Surfers from both Australia and the rest of the world competed, including Nat Young, who had otherwise become disillusioned with the contest circuit. Although Townend was in the lead for most of the competition, with a young Mark Richards in second, Peterson eventually won the event.
The Australian titles for 1974 were held at Snapper Rocks and Burleigh Heads, and again, Peterson was victorious.
In 1974, Townend gave Peterson the nickname "MP" as a response to Peterson calling Townend "PT". Townend used the nickname in newspaper columns and it eventually became widely used. Peterson was averse to the nickname in later years, associating it with superficiality; however, the ubiquitous use of the name still persists.
Read more about this topic: Michael Peterson (surfer)