The 35th America's Cup finale may end up sailing in Honolulu, according to the San Francisco Chronicle.
How the next Cup would work remains to be seen -- and much has to be done, including hammering out agreements with the would-be host cities.
However, billionaire and Oracle CEO Larry Ellison, in a series of exclusive interviews, outlined the following:
- Two divisions, an Atlantic and Pacific, racing 45-foot catamarans;
- Division championship sails, in Rome and in Shanghai;
- A finale in Honolulu, racing 60-foot catamarans.
The switch to smaller boats will allow for more competition from more teams, the newspaper reported.
To race the 72-foot catamarans in San Francisco cost each team $100 million, Ellison said. The new format could cut costs by 70 percent.
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Having more host cities also changes the dynamic of the race. Ellison likens it to "Formula One" on the water -- the motorcar competition has races all over the world, and thus more fans.
Meanwhile, negotiation between potential host cities, including San Francisco, continue.
