America's Cup update, NYTimes article on the America's Cup

It's a bit lightweight this article but take from it what you will, the video and the timelapse section of the launching is quite interesting.

From the following article on the NYTimes website:

http://www.nytimes.com/2013/08/04/magazine/a-sea-change-for-the-americas-cup.html?ref=magazine&_r=1&

There is a moment when the yachts racing in this year’s America’s Cup go from being mere boats to something more like flying machines. It happens at around 17 knots, or 20 miles per hour, when both hulls of the carbon-fiber catamarans rise out of the water and the entire craft skims over the surface on a thin hydrofoil beneath the downwind pontoon. Free of the water’s drag, the vessels accelerate to speeds as great as 50 miles per hour.

read more here