America's Cup Races 11 and 12 Live Streaming: Oracle Team USA vs. Emirates Team New Zealand

Sep 17, 2013 03:19 PM EDT

34th America's Cup Final will continue Tuesday afternoon at 1 p.m. PT in San Francisco. Oracle Team USA and Emirates Team New Zealand will meet for two races, 11 and 12, on San Francisco Bay. The world's most famous and oldest sailboat racing competition is televised on NBC Sports nationally and can be watched online at Youtube for free. 

Thus far, the New Zealand Kiwis, led by their skipper Dean Barker, have largely dominated Oracle Team USA, winning seven out of 10 races. Both teams are competing in the 72-foot catamarans AC72, which are among the fastest, most sophisticated, most expensive sailboats ever built.

The AC72s are capable of reaching nearly 50 miles per hour while flying feet above the water on thin underwater foil, called daggerboards, which lift the boats out of the water, reducing drag and increasing speed, according to TIME.

Thousands of Kiwis or New Zealanders have crowded the docks in San Francisco to cheer on their countrymen for the 162-year old competition.

Billionaire Oracle mogul Larry Ellison's team won the American's Cup in 2010. He is reportedly to have spent an estimated $100 million on the American team, but the Oracle Team USA is on the verge of losing the America's Cup.