"The new boat will be pink, a beautiful pink coral", said this week-end Vincenzo Onorato , syndicate head of the Italian Mascalzone Latino.

A declaration that was subsequently commented in Italy and Vincenzo Onorato was forced to correct himself this week.

"Last Saturday in Riva di Traiano, I joked about it", he said. "The truth is everything is litteral-minded in the America's Cup world".

"It's true that, from a technical point of view if you reduced the color, you reduced the weight", he added. "But it's very important to remember that it's necessary to work together with our sponsors and to take account of their graphical and marketing answers".

Vincenzo Onorato said the true color of the boat will be unveiled in March.