Land Rover BAR
Leading the effort by Land Rover BAR is team principal and skipper Sir Ben Ainslie, who in 2013 helped Oracle Team USA pull off a stunning come-from-behind victory after falling behind New Zealand by seven races. With a single loss ending it all, Oracle won eight in a row, a feat The Wall Street Journal called "one of the greatest comebacks in sports history."
Land Rover BAR
For example, its main, rigid sail will be the size of a Boeing 737's wing, and it will allow the R1 to travel at up to 50 knots (57.5 mph), according to the team.
Boats during the 2013 races demonstrated speed of more than 2.5 times that of the actual wind, and they will likely be no slower this time around.
They accomplish this feat with a technique called foiling, which makes use of wing-like blades to lift the entire craft out of the water and appear to fly.
The engineering challenge alone is immense, and the sport employs top engineers and aerodynamicists using cutting-edge design software.
The 2017 race will take place in Bermuda. Competitors will sail 45-foot t0 50-foot long catamarans, which are smaller than the AC72 yachts used during the previous cup and part of an effort to curb the massive expense of the event.
The America's Cup, named for the first yacht to win the event, is the most prestigious race in the sailing world.
The "Auld Cup" has been contested since 1851, making it the oldest international sporting trophy in history.
It has long been the obsession of captains of industry like Sir Thomas Lipton (of Lipton Tea fame), Ted Turner (CNN, TBS), and, most recently, Oracle founder and CEO Larry Ellison.
This year the New York harbor will host a lead in race for the Louis Vuitton America's Cup World Series May 7-8. The next race in the series takes place this weekend in Oman.