Boatspeed
First, with enough power, a sailboat (like a power boat) can plane. Planing means riding on the bow wave, more or less on top of the water. Most dinghies will plane in a good breeze. A keel boat may plane moving down a wave. Modern racing boats, starting with the Cal 40 and through today's "sleds" plane much of the time that they are not beating into the wind. Length and beam are not very important to planing speed which is determined more by power and hull shape (flatter is better.) There is no fundamental limit to planing speed if enough power is available.Most of the time, a cruising keel boat is sailing in (instead of planing on) the water, as a "displacement" vessel. For a displacement vessel, the length of the wake wave(s) around the hull is the fundamental limit. The speed of any wave is a fixed function of its length. When a boat is moving slowly, the wake forms waves along the hull. As it moves faster, there are fewer waves, then just one and a fraction waves. At the "hull speed" calculated by James (although he is right that the waterline length ("LWL") for most boats lengthens while sailing, we usually use the design LWL to compute hull speed) There is just one wave along the hull with one crest at the bow, and one crest at the stern.Once the wave is the length of the boat, the boat is trapped in the wave. (You can feel a slowly accelerated power boat "sit down" at this speed.) More power results in very little more speed. (Unless there is enough power to move on top of the bow wave, or plane.)Our '77 h27 has a hull speed of 6.2 knots. We have sustained speeds of 7.5 knots according to our GPS in Lake Erie with minimal current, reaching with good sails in a 20 knot wind. This happens because our waterline does lengthen with moderate heel, and as the wave forms. We are also pushing the wave a few tenths of a knot. But length is the controlling factor if we are not planing. A few planing bursts on the face of a wave give us short periods at up to 8.5 knots, but our 7,000 pound displacement quickly drags us back into the wake.Even on our glorious reach from Ashtabula to Erie last summer, lulls in the wind dropped us below hull speed some of the time. And in a week long cruise, we were below hull speed 90+ percent of the time. Below hull speed, wetted surface area and efficiency of the hull shape moving through the water have an impact on speed. Wetted surface is driven by displacement (heavier boats ride lower in the water) and underwater shape (that's why fin keels and rudders are faster.) Beam has little impact on wetted surface, and may be a slight penalty in efficiency moving through the water. But beam increases the stability of the hull, allowing you to carry more sail upright without excessive heel, so beam is seldom a penalty for a sailboat. Most sailboats experience much more drag when heeled beyond 15 to 20 degrees, slowing the boat, despite other factors.But for the 90 percent of the time below hull speed, sail shape, trim, tuning, ballast, and helming are critical to speed.DavidLady Lillie