must be nice

And who said the America’s Cup doesn’t pay?

Grant Dalton, New Zealand round the world yachtsman and CEO of America’s Cup defender Emirates Team New Zealand, has a new 63-foot power catamaran in build at McConaghy Boats in Zhuhai, China.

“Working together with McConaghy Boats and Ker Design, we have developed this exciting fuel efficient semi-foiling power multihull,” Dalton said.

The shipyard confirmed the build is in progress, though no more details have been released about the yacht yet. More information is expected later this Spring. In an interview with Asia-Pacific Boating, McConaghy Boats’ Group Managing Director Mark Evans said he was confident that hydrofoiling would become more prevalent in yachting in power or sail, as technology from the America’s Cup filters down to the mainstream market. Read on.

Check out the brochure here.