Alinghi 5 leads parade on Swiss lake


GENEVA -- The holders of the America's Cup are celebrating Swiss National Day by showing off their new giant catamaran to supporters on Lake Geneva.

Alinghi 5, towering above the lesser craft on the lake, led a boat parade from Lausanne to Geneva, with stops at ports along the way.

The cruise followed Alinghi's legal victory in New York this week over challenger BMW Oracle Racing of San Francisco, which gave the Swiss team permission to use an engine to trim the sails and move water ballast. BMW Oracle Racing opposed the departure from the tradition of using only wind and manual power in sailing America's Cup boats.

The races between the two 90-foot multihulls are scheduled to begin Feb. 8. The Alinghi team is to announce the site by Thursday.