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The America"s Cup has always been both a sailing contest and by HoundDog1973
a design contest. These boats push the design envelope where it has never been before. There have been foiling Moths for a long time, but they are small single handed dinghies. These are large boats with new foiling technology. Even back in the day of the 12 Meter boats there was very competitive design work going on that separated the boat speed of the contestants, all done in much secrecy. There is also a strong sailing skill component to these new boats. It takes a ton of sailing skill plus some new skills to just get them around the course. The world's best sailors are still sailing them.