Recurring theme of reducing costs “The existing operational costs of teams is much too high with a boat like the AC62. We discussed making this change early last year at a Competitors meeting in London but at that stage only ORACLE TEAM USA and Emirates Team New Zealand were in favor of using a smaller boat. But now that the teams have seen these new boats in action there is a clear majority of competitors who support the idea. I’d like to be able to say we have unanimous support from all the teams but that is not the case.”