It looks like she won the cup for wrecking the train, any other information.
I recognise the girl http://thegraphicsfairy.com/vintage-clip-art-bathing-beauties/but hadn't seen that manipulation.
Looking at her feet I now notice it's photoshopped, that explains a lot.
Ahhhh, yes. The feet give it away but I was fooled for a bit there! Exciting photograph.
I love to read your remarks and suggestions. I don't mind if you comment anonymously, but I severely dislike anonymous comments with an included link (these will be deleted).