Meet the new America's Cup 'flying yacht' making big waves By Sheena McKenzie, for CNN and Adam Dunnakey, CNN August 23, 2013 -- Updated 1111 GMT (1911 HKT) Introducing AC72 -- the new America's Cup yacht Much smaller, lighter and faster than predecessor But with greater speed has also come some safety concerns Follows death of Andrew Simpson, after yacht capsized during training Editor's note: MainSail is CNN's monthly sailing show, exploring the sport of sailing, luxury travel and the latest in design and technology (CNN) -- Never underestimate the little guy. At just 22 meters long, the new hi-tech America's Cup yacht is more than three meters shorter than its predecessor. But that hasn't stopped the $10 million boat -- dubbed AC72 after its 72-foot hull -- making big waves in the sailing world. Read: 162 years of America's Cup design The super sleek yacht makes its America's Cup debut this year, replacing the larger 25-meter ACC, which first raced in 1992. Along with its shorter hull, the new vessel will also have far fewer members on board -- down from around 17 to 11. But if you thought its smaller size and smaller crew made it less speedy, think again. The new yacht features two hulls, giving it the appearance of a "flying boat," and helping it to cut across the water with ease. Read: Futuristic 'flying boat' chases speed record But with greater speed -- around 40 knots -- comes greater safety concerns. Earlier this year, British Olympic gold medalist Andrew "Bart" Simpson was killed when the AC72 he was training on capsized in San Francisco Bay. Read: Remembering Andrew Simpson As the 34th America's Cup kicks off in San Francisco next month, all eyes will be on the new fleet of futuristic -- and stripped back -- vessels. MainSail At just 22 meters long, the new America's Cup yacht is three meters shorter than its predecessor. But that hasn't stopped the $10 million boat making big waves in the sailing world. August 14, 2013 -- Updated 1657 GMT (0057 HKT) For more than 160 years, the America's Cup has been at the forefront of yacht design. CNN looks at how the seafaring vessels evolved over the race's history. August 9, 2013 -- Updated 0926 GMT (1726 HKT) You know a club is exclusive when they won't even let the Queen in. For the first time in 200 years, women can join the Royal Yacht Squadron. August 7, 2013 -- Updated 1701 GMT (0101 HKT) This remarkable photograph of two men sharing a drink 30 meters below the water is part of an art project exploring the mysterious world of freediving. July 18, 2013 -- Updated 1040 GMT (1840 HKT) With the launch of the gleaming new Azzam, Russian billionaire Roman Abramovich can no longer lay claim to being the owner of the world's largest superyacht. July 15, 2013 -- Updated 1223 GMT (2023 HKT) MainSail takes a look at the life, legacy and achievements of the extraordinary British sailing Olympian Andrew "Bart" Simpson. July 16, 2013 -- Updated 1424 GMT (2224 HKT) He's fired darts at a gray whale, sped through St Petersburg in an F1 car, and taken a supersonic flight in a bomber jet. July 10, 2013 -- Updated 1218 GMT (2018 HKT) Jacques Cousteau's grandson, Fabien, plans to live in an underwater lab for 31 days to explore the deep-sea. July 4, 2013 -- Updated 1309 GMT (2109 HKT) If this yacht could talk, one can only imagine the stories it would tell about one of the most high-profile romances of the 20th century. July 1, 2013 -- Updated 1609 GMT (0009 HKT) With her curved wings and gleaming underbelly high above the waves, this space-age yacht might be better suited to the sky than the sea. June 24, 2013 -- Updated 1644 GMT (0044 HKT) From Beyonce to Grace Kelly, now you can sail the seas on the very same superyachts used by the rich and famous. July 2, 2013 -- Updated 1117 GMT (1917 HKT) The tour brings together superpowers from the worlds of both sailing and global business to enable amateur sailors to race with pro-sailors.