High-Speed Sailboats Race Past the New York Skyline NYT | Top Stories David Waldstein 31 May 2026 at 15:00 SailGP, a two-day competition some say is like Formula 1 on the water, has replaced part of the normal traffic in New York Harbor with high-tech catamarans. © Karsten Moran for The New York TimesThe U.S. Coast Guard cordoned off a race area in New York Harbor, which is usually crammed with vessels.