Ellison's team wins long-sought sailing trophy
Fulfilling a 10-year ambition, Larry Ellison's sailing team won the America's Cup sailing race Sunday near Valencia, Spain.
The BMW Oracle Racing team used a triple-hulled craft called a trimaran sporting a giant vertical airfoil rather than a conventional sail. The airfoil works on the same principal an airplane wing, only it pushes the boat along through the water while a horizontal wing on a plane lifts the plane up.
"It's absolutely an awesome feeling," Ellison said in a statement. James Spithill, a 30-year-old from Australia, was skipper of the boat; Ellison was listed in … Read more