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The Volvo Open 70 class boats in the 2006 around-the-world Volvo Ocean Race are perhaps the most well known boats to use canting keels for ballast. While previous years' boats showed a few percent improvement in speed each race (the race is held every three years) the VO70 class are showing a 30% improvement in speed. The 6.5 ton ballast bulb, hanging over 16 feet (5 meters) below the water and capable of canting up to 40 degrees, produces a tremendous amount of righting moment (over 130,000 ft·lbf, or 176,000 N·m with the hull level), allowing the boat to reach speeds of over 30 knots.
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The righting moment is balanced by the rig. The volvo 70 has a 5.7 metre beam. To apply 176,000 Nm of torque between the mast step and the windward shrouds. X * 5.7/2 = 176,000. X =61,700 newtons (6 tonnes) of compression in the mast and similar tension in the shrouds, give or take the weight of the rigging components. So what is the cross section of the mast? Couldn't be more than about 30 cm diameter at the top? Say 61,700 newtons on 1/10 th of a square metre. That's a pressure of at least 617,000 newtons/ square metre or 617 kpa. About twice what you might put in a car tyre.
That's a fat mast though, not very aerodynamic, and to be as tough as a car tyre all the way up, pretty heavy. I also doubt it.