"It's been a very interesting and challenging project, and our team here has worked extremely hard on this one," Mr McNabb told the Bay of Plenty Times.
"It's thanks to them we managed to get her to the water and on her way."
The yacht is owned by Ingvall, a two-time line honours winner of the Rolex Sydney Hobart race, in 2000 and 2004, a world maxi yacht champion, and a round-the-world racer.
The rebuild was completed with assistance from Sir Michael Hintze who founded the London-based hedge fund company CQS, now the naming sponsor of the yacht.
Sailing World magazine described the modifications as major and designed to push the limits of technology. Mr Ludde told Sailing World the completion of the rebuild was the start of an exciting adventure.
"Computer modelling suggests the yacht has the potential to produce some impressive speeds, given the right conditions, but we will only know how she performs when she is in the water and as the race programme unfolds," he said.
CQS
-Originally built: 2004
-Designed by: Simonis Voogd Naval Architect and Yacht Design Studio
-Redesign project: led by New Zealand naval architect Brett Bakewell-White Engineering team: includes Andrew Baglin of Multiphase design, Mark Bishop of Waterfront Composite Solutions, Rodney Keenan of Evolution Sails and Hall Spars' Dave Ridley.