Radical New Single-Hulled, Foiling America’s Cup Concept Boat Unveiled

By Rory Carroll Nov 20 (Reuters) - The boats teams will race at the 2021 America's Cup in New Zealand will feature monohulls, a departure from the catamarans used during this year's competition in Bermuda, the designers said on Monday. Like the catamarans raced at the America's Cup in June, the futuristic-looking, 75-foot long boats have wing-like foils attached to the hull … [Read more...]

America’s Cup Sailing: Team New Zealand One Point From Glory

By Alexander Smith and Tessa Walsh (Reuters) New Zealand flew to the edge of America's Cup victory over the U.S. on Sunday, going 6-1 ahead in the first-to-seven final and setting themselves up to exorcise the ghost of losing in San Francisco in 2013. Veteran Oracle Team USA skipper Jimmy Spithill was out-smarted by his younger rival Peter Burling in both races on Bermuda's … [Read more...]

Oil-Trading Tycoons Fund Battle for Sailing’s Greatest Prize

By Andy Hoffman and Javier Blas (Bloomberg) -- The high seas have long been a battleground for the world’s biggest oil traders as they spend millions of dollars chartering crude tankers in the quest for an edge in the market. This month, off the pink-sand beaches of Bermuda, top executives from oil-trading houses Vitol Group and Gunvor Group will bankroll a very different … [Read more...]

Team Oracle Hires Airbus To Build Flying Yacht

(Bloomberg) To defend sailing’s oldest trophy, billionaire Larry Ellison’s Oracle Team USA is enlisting help from European planemaker Airbus Group SE. The pairing isn’t as unlikely as it might seem. The catamarans facing off this weekend at a preliminary round of the America’s Cup use hydrofoils to lift their hulls out of the water and fly along at more than 50 miles (80 … [Read more...]

Arrest of Oracle’s America’s Cup Racing Yacht Called Off

By Pamela MacLean (Bloomberg) -- Defending America’s Cup champion Oracle Racing Inc. avoided the impoundment of one of its sailboats in a dispute with a sailor who claims he was wrongfully thrown off the team. The sailor had used maritime law to win a court order prohibiting the AC45-class racing catamaran from being moved while he sought pay for his termination. A … [Read more...]