Please select your home edition
Edition
Sail Exchange 728x90 1

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..

Abell Point Marina 660x82 MoorBarz Optics - FloatersMusto 2016 660x82 2

Related Articles

The Great Dane dies at 88 + Video
One of the heroes of sailing, Paul Elvstrøm (DEN) has died at the age of 88 years. One of the heroes of sailing, Paul Elvstrøm (DEN) has died at the age of 88 years. Known as the Great Dane, and winner of four Olympic Gold Medals, and many world championships in multiple classes from dinghies to keelboats, Elvstrøm put a footprint on the sport like no other.
Posted on 7 Dec
America's Cup - Kiwi lodges Appeal against Jury in San Francisco Cup
Former Oracle Team USA crew member, Matthew Mitchell (NZL) has lodged an Appeal against a Decision to dismiss his case Former Oracle Team USA crew member, Matthew Mitchell (NZL) has lodged an Appeal against a Decision to dismiss his case taken against the International Jury for the 34th America's Cup in San Francisco. On October 28, 2016, US District Judge Vince Chhabria dismissed Mitchell's claim against the five-person International Jury on the basis that it was lodged too late.
Posted on 2 Dec
A Q&A with Nick Bice about the recent changes for the 2017/2018 VOR
I caught up with Nick Bice, the VOR’s director of boats and maintenance, to learn more about the VOR’s new directions. I recently had the pleasure of hearing Nick Bice, the Volvo Ocean Race’s director of boats and maintenance, deliver a keynote speech to an audience of marine-industry professionals and official Volvo Ocean Race suppliers at the 2016 METS trade show in Amsterdam. I caught up with Bice after his presentation to learn more about the new directions that the race is taking for its thirteenth edition.
Posted on 28 Nov
A Q&A with Sharon Green about the prep work that ensures great images
I talked with ace photographer Sharon Green to learn more about the prep work that goes into each image that she snaps. I caught up with ace photographer Sharon Green at the 2016 Alcatel J/70 Worlds to learn more about the behind-the-scenes preparation work that goes into each image that she snaps. While some of Green’s tips are specific to professional shooters (e.g., helicopter time or juggling multiple camera bodies), plenty of amateur lensmen will be well served to consider Green’s racecourse-proven tips.
Posted on 23 Nov
Dockside with CQS - radical, revamped supermaxi up close
The revamped supermaxi CQS is currently in Auckland's Silo Marina, ahead of her first race on Friday The revamped supermaxi CQS is currently in Auckland's Silo Marina, ahead of her first race on Friday - the White Island Race which will double as Rolex Sydney Hobart Qualifier. Originally the 90ft Nicorette designed by South African Alex Simonis, the new project to upgrade to a 100ft supermaxi has been led by Brett Bakewell-White (NZ) and Bakewell-White Yacht Design.
Posted on 22 Nov
Cabbage Tree Island Race 2016 Video
A warm evening saw the start of this year’s CYCA Cabbage Tree Island Race in a yellow haze with the fleet initially mix A warm evening saw the start of this year’s CYCA Cabbage Tree Island Race in a yellow haze with the fleet initially mixing it with the various twilighters. A 15 knot NNE saw the fleet reach their way through the Heads before heading into the breeze and up the coast. Bow Caddy caught the full fleet out of the harbour.
Posted on 20 Nov
Gladwell's Line - President Croce caught at helm in Perfect Storm
No real surprise that incumbent President Carlo Croce (ITA) was unseated mid-way an eight-year term After a year or more punctuated with issues that should not have happened, it is no real surprise that incumbent President Carlo Croce (ITA) was unseated mid-way through what should have been an eight-year term. Also gone is one of his lieutenants, Chris Atkins (GBR) as Vice President, who remarkably polled 13th out of the 15 candidates.
Posted on 15 Nov
Farr 40s One Design Trophy – Kokomo leads after Day 1 + Video
The first round of the Farr 40s One Design Trophy was contested with less wind than predicted but enough to encourage The first round of the Farr 40s One Design Trophy was contested with less wind than predicted but enough to encourage close racing between the seven competitors. Kokomo won the second and fourth races with Estate Master taking the first and the third leaving Kokomo in first place at the end of Day 1. Bow Caddy was on the harbour and caught some of the action.
Posted on 23 Oct
Gladwell's Line -The America's Cup settlement deal
The 'News' today that Emirates Team New Zealand has won their case before the Arbitration Panel is not news The 'News' today that Emirates Team New Zealand has won their case before the America's Cup Arbitration Panel is not new - Sail-World reported the same story in the first and second weeks of September. The Hearing on the amount of compensation to be paid is yet to be held. So far we have been unable to discover a date if indeed one has been set. Maybe next year?
Posted on 11 Oct
CYCA Lion Island Race 2016 - Race Finish Video
A constant 22 knot southerly wind made for a very quick trip up to Lion Island and back to Sydney Harbour for the CYCA A constant 22 knot southerly wind made for a very quick trip up to Lion Island and back to Sydney Harbour for the CYCA fleet in the latest of the Ocean Pointscore races. Bow Caddy caught the first six boats at they came around North Head on the return leg. Look out for the whales when the whale watching boat is in shot.
Posted on 8 Oct