Please select your home edition
Edition
Pantaenius AUS Comprehensive 728x90

America's Cup- Italian Challenger's return expected on Wednesday

by Richard Gladwell on 2 Nov 2011
Patrizio Bertelli and Francesco de Angelis are presented with the Louis Vuitton Cup by Yves Carcelle of Louis Vuitton in 2000. Event Media

Italian media are reporting that a media conference will be called late Wednesday afternoon (local time) to announce a return to the America's Cup by the three time Italian challenger, Luna Rossa, headed be Patrizio Bertelli.

Also participating at the announcement will be Emirates Team New Zealand's CEO Grant Dalton, and the two teams are expected to announce a working agreement.

Recently Prada SA posted a notice on the Hong Kong Stock Exchange saying that the Italian fashion house, of which Bertelli is CEO, saying that the Italian company had been invited to become a sponsor of the America's Cup team to the tune of Euro 40million (USD55million/NZD70million).

That amount is believed to be less than the sum required for a full challenge to the tune of about USD30million.

The current Protocol does not appear to prohibit formal working agreements between Challengers, however they are unprecedented although some formal arrangements have been put in place.

Of course the conditions of the Protocol can be changed at any time by the Defender, provided the Challenger of Record does not veto the change. The other challengers do not have formal voting rights on any change as of right.

Although details of the move are not announced, they could be ruled against retrospectively if they were felt to give an unfair advantage to the teams involved.

The suggestion that Emirates Team NZ were going to tune up against Alinghi ahead of the 2007 Louis Vuitton Cup Final were meet with outrage from other Challengers, however the relationship between the Challenger of Record Artemis Racing and the Defender Oracle Racing is regarded by many as being cosy - on a bad day. Indicative of how the 'enemy of my enemy is my friend' wheel has turned in the latest edition of the America's Cup.

Luna Rossa have been competing in the Extreme Sailing Series, sailing Extreme 40's. Patrizio Bertelli initially declared he was not interested in entering his team for their fourth America's Cup, however clearly changes that have been made to the rules have made the event more attractive.

It was also announced separately that there will be an America's Cup World Series Event staged in Naples in April 2012, and a second event is expected to be held there in 2013. The ACWS will also hold an event in a second Italian venue, Venice in May 2012, with a second said to be promised for 2013, giving Italy four events in the ACWS with just one unannounced entry in the regatta.

Luna Rossa contested the 2000, 2003 and 2007 Louis Vuitton Cups. Their best performance was in 2000, when they became the Challenger in Team New Zealand's first Defence, in Auckland.

Currently there are eight teams entered in the 34th America's Cup. Only four or five are expected to be able to generate sufficient sponsorship to commit to an AC72 program and be on the starting line for the start of the Louis Vuitton Cup in July 2013 in San Francisco. The addition of Luna Rossa with a Prada sponsorship would tick both columns of the ACWS and America's Cup ledger, and get the Louis Vuitton Cup closer to its rumoured contracted requirement of needing eight teams, without Cup organizers sustaining a monetary penalty for each incremental shortfall..

Zhik AkzoNobelb 660x82RS Sailing 660x82Southern Spars - 100

Related Articles

Poppy takes Australia to her dad who’s afflicted with Parkinson’s
It’s a very sad way to begin such a great voyage. Not that you would know from the ultra-effervescent Poppy Moore... It’s a very sad way to begin such a great voyage. Not that you would know from the ultra-effervescent Poppy Moore, mind you. So the chance to talk with her and learn her tale was fantastic, and she is also the best one to recount it. “I decided to sail around Australia to raise awareness and funds for Parkinson’s, because my father’s got Parkinson’s
Posted on 5 Jun
Jeanneau Sun Fast 3600 - It just works
Every now and then a boat just clicks. It has all the right bits, of the correct dimensions, in the appropriate places Every now and then a boat just clicks. It has all the right bits, of the correct dimensions, in the appropriate places, and out of it all you get something that simply sings. The Jeanneau Sun Fast 3600 is one of these craft. It was designed and built in parallel to the other, more well known versions of the brand’s vessels, and benefits from being more geared towards performance, without going tot
Posted on 23 May
The return to Coffs!
The word is out that the new race to Coffs Harbour is on. The phoenix would run once again in the Christmas timeslot The word is out that the new race to Coffs Harbour is on. The phoenix would run once again in the traditional Christmas timeslot, and also be the much easier to digest 200 or so miles. The ‘new’ race would also be geared towards club racers, so they, and their non-pro crews could be out and back, and almost more importantly, returned to work before anyone missed them. Bring it on...
Posted on 22 May
America's Cup - Southern Spars AC50 build for Emirates Team NZ + Video
The Peter Blake skippered Steinlager 2 put Southern Spars on the map 27 years after Steinlager 2 put Southern Spars on the map with her unequalled clean sweep of the 1989/90 Whitbread Round the World Race, Southern Spars were called on to build Emirates Team NZ's America's Cup Challenger. Here's a look behind the scenes at the composite engineering process Southern Spars employ on projects ranging from Volvo OR spars, to Olympic bike wheels to an AC50
Posted on 1 May
Debbie says the 8thP with Insurance is Patience (Pt.III)
We’re back to keep exploring the nature of TC Debbie and how she came to tell us about the eighth P of insurance We’re back to keep exploring the nature of TC Debbie and how she came to tell us about the eighth P of insurance. We’ve looked at what it was like to come into a disaster zone, seen the evidence of those that did the right thing, and how the area is already on the road to recovery. Now we’ll see why patience is the key in the aftermath of her fury.
Posted on 30 Apr
Debbie says the 8thP with Insurance is Patience (Pt.II)
We’re back to keep exploring the nature of TC Debbie and how she came to tell us about the eighth P of insurance We’re back to keep exploring the nature of TC Debbie and how she came to tell us about the eighth P of insurance. We looked at what it was like to come into a disaster zone and now we see the evidence of those that did the right thing, and how the area is already on the road to recovery.
Posted on 25 Apr
You can almost see it
The windward/leeward is great fun and a real test of your skills. True, it might be hard for the uninitiated to follow The windward/leeward is great fun and a real test of your skills. True, it might be hard for the uninitiated to follow, but then sailing is not the world’s largest spectator sport by any means. Badminton does rate higher, after all. Still, when you’re doing it, you not really worried about little racquets and small, caged up, feathered thingamabobs.
Posted on 24 Apr
She’s still here with us, and now we can be there for her
Of the many endearing qualities in Lisa Blair, the one that is paramount is her effervescence. Of the many endearing qualities in Lisa Blair, the one that is paramount is her effervescence. Yet it is what lies behind that which could be her most incredible characteristic. Sometimes you can almost overlook her steely determination, but not for long when you start talking with her. Catching up with her live from Cape Town surely was a vivid reminder of not only what this sailor can accomplish
Posted on 24 Apr
Gladwell's Line - Timeout in Bermuda and a decision OTUSA will regret?
With Emirates Team New Zealand's AC50 now in Bermuda and being re-assembled, it is time to take a breath With Emirates Team New Zealand's AC50 now in Bermuda and being re-assembled, it is time to take a breath from what has been a hectic couple of months, both in Auckland and Bermuda. The third major Practice Session has concluded in Bermuda. This was conducted almost entirely if winds of around 16-25kts - starting to get close to the top end of the range for the AC50's.
Posted on 20 Apr
Debbie says the 8thP with Insurance is Patience
This all stems from the learnings in the widely read, ‘Debbie says there are 7 Ps and 1 C with insurance’. This all stems from the learnings in the widely read, ‘Debbie says there are 7 Ps and 1 C with insurance’. As time unfolds some more, we learn that indeed there are a lot of reasons you need to apply patience with both your dealings with your insurance company, and also all the many trades that are working feverishly to get all the jobs done.
Posted on 19 Apr