That's $10 million for a mast. Granted, it's part of a massive structure that's twice the size of a 747's wing, but that's still $10 million for a mast. The Ellison-owned team has two more in reserve, so it's understandable how the helmsman can call the harrowing event "minor" when speaking to we plebeians.

The cause of the mishap is unknown. Weather and stray surfing gadget blog editors have been ruled out, and the team hopes to figure out the real cause and get back to training so they can meet and defeat Alinghi of Switzerland on Feb. 8. [NBC Bay Area]

There's a lot to think about here. What are the mechanics of a baby race? Are people betting on this? Or, most directly: What the hell, Lithuania? But I'll leave those thoughts to someone else, because I see something beautiful here: This is the story of a tiny little human who has, at least for now, become the Usain Bolt of babies, all because he loves technology, even—or perhaps, especially—in the form of his dad's janky Dell laptop. It's almost enough to bring a tear to my eye. [Lrtas—Thanks, Linus]

You'll have to email the guys at Elite Sim Design to get more info on this (like pricing and release date), but it definitely won't be cheap. And when you compare the potential price of this to the price of a movie ticket, you'll probably prefer filling up on Diesel. [Elite Sim via Chip Chick via New Launches]

Using the same logic that makes a pair of skis better at high-speeds than a snowboard, because the skis always have two edges gripping the snow during turns, Pyott's Twin Parabolic Ski concept basically provides each ski with an extra edge. By jointing two longer and narrower skis under each foot, the design allows for more grip at high-speeds since there are more applied edges griping the snow.

Overall the experimental concept seems like a significant way to make downhill racing faster and more dangerous on a pair of skis. The idea of using adjustable joints to make the set of blades under each foot flexible is pretty interesting, and I can't help but wonder if the same concept can be applies to a snowboard in some way. [Yanko Design via DVICE]

Snowmodo is our snow sport winter meet up at Lake Tahoe, with prizes, discounts, tons of fun snow activities, a party and GADGETS. If you can make it (and people are coming from TEXAS) please RSVP. I'll let you wear my hat (below).

The Virtual GT Racing Simulator has a 500W speaker system, a 4-corner independent suspension, a MasterCraft racing seat, a force-feedback steering wheel, electronic controls, a fully adjustable chassis, a hands-free intercom system, a 42-inch Panasonic plasma TV and a, uh, Playstation 2. Because everybody knows that racing simulators peaked with Gran Turismo 3.

But hey, if you were looking for the perfect gift for that hard-to-buy-for person, this is it. I mean, what a deep discount! You'll practically save money by buying this! That's how these things work, right? [eBay via BornRich]

On display at various stages of prototype since 2004, the C6W is just now going into official production. More than a mere novelty or an expensive automobile recouping from a horrible toxic waste accident, the C6W's 6-wheel design promises a number of benefits, including all around better traction and improved absorption of frontal impacts.

The 433bhp C6W will be racing around at 185 MPH when the first models roll off the line in late 2009. [Jalopnik]

If you're still with us, Pocket Jockey will run you 99 cents in the App Store. [Pocket Jockey (iTunes Link)]

Related: Gizmodo's Essential Iphone Apps

You see, it only makes sense to trap yourself in somewhere if it's awesome, like a women's locker room or a pizza buffet. The Mark III is superbly disappointing, lacking the comforting polish of a car interior along without enough room for a decent big screen.

As it is now, the Mark III looks more like a flatulence-based torture chamber than a gaming sanctuary, but our dream lives on. [PodWombats via Ubergizmo]

UPDATE: PodWombats has assured us that the cockpit can fit a 42-inch display.

The first part of the run will be propelled by a jet engine, originally designed for the Eurofighter. After the Bloodhound reached 300mph, propulsion duties will be taken over by an experimental "bespoke" hybrid rocket, during which time the driver will be subjected to 2.5Gs of acceleration force until he hits 1050 mph. The whole process will take about 40 seconds, amazingly.Naturally, possible blackouts, horrific crashes and mechanical malfunctions are all in the cards here. Dont' worry though — according to the Times, he is preparing in the most ludicrous way possible: "He will practice... in a stunt aircraft, flying upside-down over the British countryside." No date for the run has been set, but we should get a few more details after the Minister Drayson's formal announcement today. [Times Online]

The JDome is a a vertical screen that works with a projector to give a 180-degree view. For the racing game, the JDome gets lowered to the floor and then tilted 45 degrees. The game's field of view has to be changed to fit the spherical shape of the JDome, which is what gives you the surround experience that you can see in the video. However, as cool as it is, I'm not sure if it's worth the $4,000 that a prototype costs. [JDome]

The best: it comes in two flavors, one to test your colleagues's ability to synchronize the computers by hand, and the other one that automatically synchronizes all the desktops. Get it here now. [Download via Dvice]

Constructed solidly out of aluminum and steel, turn as hard as you want, but the RennSport doesn't look to be going anywhere soon. Meanwhile, users can adjust height and angle of the wheel, which is more than you can say for most real steering wheels.

The catch is, of course, the price. At $130, this wheel holder costs as much as many nice wheels themselves. But then again, the RennSport works with most major models and looks like the best thing for racing simulation since this little number. So you could do much worse. [BusinessWire via Digital Trends]

It's easy to forget that dudes who are into racing games are really into racing games. [GTPlanet via BornRich]

The Rocket Racing League® is an aerospace sports and entertainment organization that combines the competition of racing with the excitement of rocketry. The RRL was established by X-Prize founder Peter Diamandis and two-time Indianapolis 500 champion team partner Granger Whitelaw to advance the technology and increase public awareness of space travel. The NASCAR-style racing league features rocket-powered aircraft that will be flown by top pilots through a 'three-dimensional track way' at venues throughout the world. With millions of fans who enjoy racing and air shows, and an even wider audience enthralled with humanity's next step into space, rocket racing is destined to become the future of racing!

There are six teams already. If I were a test pilot, I would apply today. Head to Flight Global for an exclusive interview with Granger Whitelaw, CEO of Rocket Racing, explaining what the whole thing is about. If you are going to be at the show, go on Friday or Saturday, when they will fly it again. [Rocket Racing League and Flight Global]

Because hidden underneath that black finish, a kegerator keeps your beverage of choice ice cold. Two taps (one by the steering wheel, one in the back) and one cup holder (by the wheel) ensure that no matter where you stumble, it's not too far from more stumbling.

And on top of all that good stuff, the system can play any of its 200 (licensed) bundled PC titles, PS3 racing games through the built-in wheel, or PS3, Xbox 360 and Wii games with the built in joystick (and the aid of a few adapters). Oh, and they squeezed a 5.1 surround sound system in the chassis, too.

Priced at $6,995, it's definitely infringing on real car payment territory. But finally, we can drive drunk without all those pesky tickets and dead people. [DreamArcades via CrunchGear]

The boat is made from 100 percent carbon fiber and has an LCD touch-screen control system, leather trimmings and, most importantly, photovoltaic cells on almost all its horizontal services. Czeers is hoping to produce between 4 and 8 boats per year. Pricing is not yet available, but considering that the last version of the MK1 was last shown at the Millionaire Fair, you can probably bet it's super expensive. [Gizmag]