Forget :"Formula 40 and Volvo Extreme", first didn't survive and the second will not survive. Boats are too big too cumbersome and to few in the racing fleet to make things really interesting.

Go with smaller beach cats and focus entirely on the coverage and the race report enhancements like VS-like overlays showing progress, wind, currents, current position on course, etc

Make your strong point out of your weak point. Sailing is sport for real men and women. You'll need to be fit, smart and a teamplayer to win at this game. It has got it all. The unpredictiveness of the meteological conditions is a receipy for drama's. You're not a winner untill you have indeed reached the line first. What more does an audience want.

Wouter