.......I don't think it is their event, it is the biggest sailing event and it belongs to all that love sail racing.....
I'm with you on the emotion of this statement, but I know you are fully aware of it being factually untrue.
If not for the modern need to fund boats beyond the edge of even the most wealthy in the world, there wouldn't be advertising, sponsors or spectator events. All these are influencing current decisions beyond simply designing cutting edge technology to win.
Even F1 has limits to what they will allow. Anyone can make the car go faster.
That's my problem with modern AC. While I'm not personally attracted to the Cats and Tris, its the fact that they are pushing beyond the limits of safety and it feels they are doing so for attention, to go faster and be more exciting, not advancement.
Are tactics as relevant as they used to be? Most spectators don't understand the tactics. At that level, I would even be one of them. The best crewed boat used to have a chance to beat the best engineered boat. Not anymore. What is getting attention, therefore sponsors, is raw speed and thrill.
Good for them, as long as they aren't risking lives doing it. And they presently are.