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Australia OKs Yacht Proposal

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Dr. Stanley Reid of Australia’s Royal Perth Yacht Club, the Challenger of Record for America’s Cup XXVIII, announced an agreement Sunday at San Diego on a proposal to replace the 12-meter yachts.

The Challenger of Record, representing 25 challengers for the America’s Cup, said the new class of boat will be 75 feet on the waterline, 102 feet high, with an 18-foot beam, 13-feet draft and a displacement weight of between 16,000 and 25,000 kilos.

Tom Ehman, executive vice president of the America’s Cup Organizing Committee, said the defending San Diego Yacht Club has agreed in principle with the items with confirmation coming by Jan. 21.

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