Yachting: An Intrepid Approach

"You have to say she's kind of radical," confided Emil ("Bus") Mosbacher, as he watched the slim, white hull slide down the ways of City Island, N.Y. Along with 500 well-wishers, Mosbacher was on hand last week for the launching of Intrepid, the 12-meter yacht he will skipper against Australia in the America's Cup this fall. It took only half an eye to see that she was a far cry from the old Weatherly Bus sailed to victory against the Aussies' Gretel in 1962—or for that matter, from any other 12-meter ever put together.

Designed by Olin Stephens, the man...

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