To the best of my knowledge, nothing is under construction.
As for whether or not it's "hype," the story itself was straight reporting on the stated future plans of an industry notable. (To that end, there's a lot more about his stated plans in the latest issue of Powerboat.) If the catamaran materializes, I'll report it. If RF Powerboats never produces a single boat—I'll report that, too.
But what I think you're asking is if Mr. Fountain is announcing his plans to create hype for RF Powerboats. And at this point, I don't have an opinion on that. Without question, Mr. Fountain has always been "public" in his proclamations. Always.