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America's Cup winners aim to lower costs of competing

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America's Cup winners aim to lower costs of competing
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America’s Cup winners Oracle Team USA this week confirmed that smaller, less expensive catamarans are expected to be used for the next edition of the race.

As champions Oracle have to agree the rules for the 35th edition with challenger of record, Australia’s Hamilton Island Yacht Club and reduction of costs is top of the agenda.

This year’s race will not only be remembered for Oracle’s spectacular comeback victory over Emirates Team New Zealand and the high-tech gigantic 72-foot catamarans, but also for the staggering costs involved in entering a team which reportedly reached up to 200 million euros.

Such was the heavy price tag only three challengers were willing to compete this summer.

As well as the type of boat, rules on the timing, format and location will also have to be ironed out with San Francisco again favourite to host the event.