Luxury Crews


READY, STEADY, SAIL: Britain's GBR Challenge, left, and Sweden's Victory Challenge set off

Yacht racing has been compared to tearing up $10 bills while standing in the shower. In the case of America's Cup racing, make that $1,000 bills. Nine teams spent tens of millions of dollars apiece just to enter the competition — and only one will get the chance to challenge the current Cup holder, the Royal New Zealand Yacht Squadron. It's a good thing, then, that the hope of beating the Kiwis, who have held the Cup since 1995, enticed the fabulously rich to open their wallets. The competition includes teams funded by Oracle's Larry Ellison, Microsoft co-founder Paul Allen and...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!