AP Source: Ellison, Coutts to launch SailGP using catamarans

SAN DIEGO (AP) — A person familiar with the situation says former America’s Cup holders Larry Ellison and Russell Coutts are set to announce a new sailing league called SailGP that will be contested in an enhanced class of foiling 50-foot catamarans.
The person spoke to The Associated Press on condition of anonymity Friday because details won’t be announced until Wednesday night in London.
Plans call for SailGP to have five regattas in 2019, beginning in mid-February in Sydney,