Here more info on it:
http://lukeyoder.com/?page_id=143
http://www3.lehigh.edu/images/userImages/jem406/Page_8893/WEB_Stilson_Yoder.pdf
Their key point is that the L/D ratio of the tires (lateral force/drag force) is equally important as the aerodynamic L/D ratio of the vehicle.
[qimg]http://lukeyoder.com/wp-content/uploads/2010/11/LD_Equation-450x206.jpg[/qimg]
And since you cannot improve much on the aerodynamic side compared to the Greenbird, they concentrate on the tires, which seems like a good idea.
The professor involved was behind another record braking vehicle:
http://www3.lehigh.edu/engineering/resolve7/land-speed-record.html
And last but least: A certain Luke Yoder is involved, who probably combines the jedi-powers of Luke and Yoda.
Interesting stuff.
Unlike Greenbird, their vehicle apparently has a symmetrical design. There are two sails, both at an angle to the vertical. I imagine that the two sails are angled so that the wheel forces on the ground are more evenly distributed between right and left than on a traditional land yacht: the angle of the sail on the upwind side increases the wheel force on the ground while the angle of the sail on the downwind side decreases the wheel force.
I think they want to use the horizontal surfaces as well to counter the moment and balance the wheel loads:
http://lehighlandyacht.com/?page_id=64