Agents for the two of them had been trying to arrange a three-race series this summer that would have brought each of them $500,000.
The regatta will consist of a three-race series on the open ocean with two windward-leeward courses and one triangular course.
The day's sail was to be a practice session for the J-class world championship, a three-race series for the two boats in Newport this weekend.
On Monday, the men's tour will travel to Kitzbühel, Austria, where they will begin preparing for a three-race series from Jan. 20 to Jan. 22.
On Friday, the Grade I, $200,000 Spinaway at seven furlongs caps the three-race series for 2-year-old fillies.
Winning on Points In the end, Moore claimed his trophy only after protesting his disqualification from a race in the three-race series.
Also starting tomorrow is a new three-race series featuring former Olympic racers called the Tournament of Champions.
He is in the Wengen area, preparing for the 76th annual Lauberhorn downhill, part of a three-race series Jan. 13-15.
A spokesman for Sail America said yesterday that the San Diego group wanted to change the format from a three-race series to a best-of-seven race series.
Conner said he planned to take both boats to the starting line when the three-race series begins Sept. 7 and make a decision on the spot.