I think they are badly overpowered and heading down, both spi trim and rudderangle suggest so. But I think they was supposed to pass to the right of the mark in the background, which looks a bit difficult from that angle. Not sure tough..
I am still amazed that the mast could handle it. It suggests that the old alu T's could play more with the mainsheet downwind than I tought sensible. I guess the loads on the mast are much larger going upwind with lots of downhaul, mainsheet and double trapeeze?