Badham said Oracle developed a computer-based hydraulically powered automatic pilot system to help keep the boat in stable flight while gybing.
Once they had implemented it to its full capacity, Team NZ didn't stand a chance.
"If you look at the television footage of Dean Barker driving Team New Zealand you can see him with both hands on the steering wheel going backwards and forwards struggling to keep the boat in the groove.
"Look at the footage of [Oracle skipper] Jimmy Spithill driving his machine and he has got his fingers on the helm."
Team NZ's protest, on the eve of the regatta, was dismissed on the grounds of timing.
An Oracle spokesman said last night: "Unfortunately the article does not even come close to reflecting the reality and makes many inaccurate claims which are a bit ridiculous."
It is understood many of the concerns Badham raised with the Australian magazine were raised during Team NZ's extensive review into their failed campaign.
Team NZ director Sir Stephen Tindall hinted earlier this year that part of the review would be made public. But it appears the Kiwi team have backed away from releasing the review as much of the report contains sensitive information that would assist their rivals.