$500 is for the jib per tack. That doesn't include the crew pay, mainsail, spinnaker, poles, lines, support crew, tenders, hulls, keels, refits, masts, rigging, carbon winches and other high-tech hardware, grinder stations and transmissions, cutting the bow off and putting a new one on, the team headquarters, the shipping, the airfare, the skirts for the boat, the designer fees, portage fees, room and board, the food, the gym, the trainers, the clothing, the .......