It was an April Fools Joke (a little early) on XSRacing part.
Good fun though.

http://www.xsracing.org/

" Tuesday - December 18 2007 - 0020 PST - In response to our America's Cup post yesterday, the overwhelming majority of XS readers agree with our vision of the America's Cup. And although some were disappointed with our 'Orson Welles' inspiration (pictured above), XS readers that responded were so positive to our position we are tempted to hold our own AC event! Here are just a few of your comments:"