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Personal Watercraft Insurance, America’s Cup Votes to Race Smaller Boats in 2017

Wednesday, May. 6th 2015 9:00 PM

America’s Cup teams have voted to reduce the size of boats to be sailed in the 2017 regatta in Bermuda, a cost-cutting move that could lead the two strongest challengers to drop out.

In a statement Tuesday night, organizers said that a majority of teams favored the move from 62-foot catamarans to ones in the 45- to 50-foot range. They also said the majority of challengers favored all racing being held in Bermuda rather than having a qualifying regatta in Auckland, New Zealand.

Luna Rossa, a top challenger to the cup holder, Oracle Team USA, said last week that it would “be obliged to withdraw” if the race boat was downsized midcycle. Another top contender, Emirates Team New Zealand, supported the Italians.

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