America’s Cup preparations led by technology

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The America's Cup boats that will race in February, products of a technological showdown between billionaire sailors, may bring wings, multiple hulls and computers to the next generation of sailboats.

The two-year legal battle between billionaires Larry Ellison and Ernesto Bertarelli has produced two racing yachts that are a decade ahead of any boat built previously, even as it has dogged and delayed the 158-year-old regatta, to be held off the coast of Spain. The innovations made as longstanding Cup rules were abandoned in the search for a settlement may one day benefit sailors on weekend jaunts.

Click here to read the full report by Bloomberg.

In other news Tuesday, a court rejected the defender's second attempt to have the race off Ras Al Khaimah in the United Arab Emirates.

Click here for a release from the Golden Gate Yacht Club.

Click here for a release from SNG.