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Oracle christens America's Cup catamaran

Updated: April 23, 2013, 7:14 PM ET
Associated Press

With a traditional splash of champagne, defending America's Cup champion Oracle Team USA christened and launched its new 72-foot, wing-sailed catamaran on Tuesday.

Then, with the wind blowing 27 knots on some parts of San Francisco Bay, the syndicate canceled the fast cat's maiden voyage, deciding it didn't want the shakedown cruise to potentially become a breakdown cruise.

"There's plenty of time to shake it down," syndicate CEO Russell Coutts said by phone.

Oracle will sail ...

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