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Priced to sell: Volvo 70 bluewater racer

Puma Ocean Racing's Il mostro, a Volvo 70 that finished second in the 2008-2009 Volvo Ocean Race under skipper Ken Read, is for sale.

Why is the sail racer made with composite material and cutting-edge technology by Goetz Custom Boats in Newport, R.I., for sale? With the new Volvo Ocean Race rules, there is no more two-boat testing allowed as a cost-saving measure to help teams reduce their overall budgets.

Puma Ocean Racing is in the process of building a new boat for the 2011-2012 edition of the race, so Il mostro is now available to an up-and-coming VOR team or ambitious owner ready to break records offshore under ORR or IRC.

The 70-foot yacht has an 18-foot beam, 15-foot draft and displaces 30,000 pounds. The boat also has a 75-hp Volvo diesel engine.

Click here for details.