Newport, RI (May 15, 2015) – Volvo Ocean Race CEO Knut Frostad unveiled an exciting, high-tech future for the event to stakeholders in a presentation in Newport on Saturday and set an ambition of 8 to 10 boats for the next edition for 2017-18. He revealed that the costs for a newly built, Volvo Ocean 65 one-design boat had been pegged at the same basic price of €4.5 million as it cost at its launch three years ago.
“That’s a massive achievement,” he said. All seven identical boats, which will finish the 12th edition in Gothenburg, Sweden, on June 27, will be returned for use in 2017-18, but the race will build more depending on demand.
“You could order a new …
Full Article: Scuttlebutt Sailing News – VOR: Vision for the Future, Assoc Editor