The boat was launched in 2017 and it had the plans of terrorizing the ocean records. It raced to become the monster of the multi-hull boats which had been in the emergency. It was in its first time out on the seas, it exceeded about 35 knots and elevated upon its foils. But it lived quite short. Now it has been destroyed.
After its damage on 6th November, both the team of the boat and the insurance agent has been working tightly behind the scenes to set up its recovery and recover elements that are crucial. The ship arrived following the capsize to take back the various components of and in the boat; the initial inspection reflected its sharp deterioration. It has completely dislocated during the storm as reported by Ronan Lucas, the director of Team Banque Populaire. According to him, the condition of Banque Populaire is quite worse and so its reconstruction seems to be impossible to them.
Further, it had been reported that the boat was launched during October 2017. It took the team 18 months for its construction and the cost was around 12M Euros. It is interesting to see the loss, the company has had to bear and it is a big impact on the sailing world. This incident has raised many questions on the sustainability of the boats and much improvement is needed to ensure that it remains at the peak.