One Australia: the Titanic of yacht racing

Did they ever salvage the yacht. Sails alone must cost a fortune?

I google and came up with 500' of water was considered prohibitive!!
 
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I vaguely recall, when it was still a jingoistic thing, that Australia did win the America's Cup. You might mock?

Go for it:)

Aussies [mostly] won it again in 2013, but with some help from the Kiwis that time.
Although the British media think Ben Ainslie won it on his own. :)
 
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