And on what basis do you consider the F400 to be "exorbitantly priced"?
Well, the Farr 400 is $US395k ex factory and the MC38 is $US248k ex factory. When you spec them up to class rules and ship them, the Farr gets much more expensive.
You could run an owner's regatta with 5 x MC38s, go faster and have more than $750k to throw at parties over the next few years (and that's just from 5 boats)
Farr 400s are actually US$420,000 ex-factory with grinder. As the others have grinders and you are supposed to be racing one design, I guess they are not really an 'option' so not sure why they are not quoted in the base price.
So if you add gst and duty, landed in Australia the prices excluding shipping. sails and instruments are:
Mc 38 $285,000
Farr 400 $483,000
Difference in price $200,000.
Difference in performance ??????????
The guy who said the Farr 400 was double the price of the MC 38 was exaggerating - it is only 1.7 times !!
No question, the Farr is considerably more expensive - could very well be twice the price of the MC38 depending on specifics. For some people it might be worth the premium, for (many?) others it will not be. We will see the answer in the market soon.
The Farr website says 13 BOATS SOLD. So the 5 boats at Key West must have been sold.