Firstly, thanks a lot for all the support, the community that this race has generated has been amazing and there have been lots of kind words about our project (Turn Point Design) in this thread and on our facebook page.
We just docked and I just got home but so you have it from the horses mouth, I figured I'd explain our reasoning here.
Fundamentally we where just out of prep time. We had a great start and great afternoon/evening of racing, we where swapping the lead with the Burds, The F-25c etc through the evening and where having a great race being competitive when sailing and under human power. We had a few issues during this time but nothing we could not deal with. The list of little things though kept building, no singular show stopping issue but as it got dark and the breeze/chop built, the list of smaller things reduced our confidence to drive the boat safely in the conditions that where forecast, especially while being able to get any rest. We wanted to be in the race with the fast boats, not an adventure where we stop for fixes/rest every day or two.
These issues where anything from ergonomic issues where we did not feel locked in, to rudder load issues and broken tiller extensions etc that just reduced the confidence to drive the boat safely in tough conditions. A week before the race we had a frank discussion about the fact that this is not the way to do a race of this severity and we agreed to keep the conversation open and see how we got on, so this was a serious possibility already.
We are totally confident that with a couple of months of time rather than a couple of weeks all of these would have been easily resolved but we were just beaten by the clock and did not get enough time to vet/iterate/tweak enough of the finer details that are necessary when you are doing these long distance, over night races.
If we where doing it again, we would also sail with 3 people as the boat is far easier to push with 2 people sailing and someone can rest. Its just too light/powerful to realistically single hand at speed, at night etc.
I am absolutely gutted as we put so much into it, but I also know it was the right call, there are so many details in a new design that need to be right and that takes more time than we had.