Please select your home edition
Edition
InSunSport - International - GR

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..

Ensign 660Festival of Sails 2017 660x82Pantaenius - Fixed Value

Related Articles

Amel - Do you fit the bill?
Perhaps it is equally as fascinating as the many features that go into either the Amel 55 or 64 It is certainly an interesting set of criterion. Perhaps it is equally as fascinating as the many features that go into either the Amel 55 or 64 and make them a definitive part of the quintessential bluewater cruiser armada. We’ll come to all of those in due course, but firstly we’ll tackle the hero image and why in so many ways, this explains, so, so much.
Posted on 21 Sep
Knowing Harken takes years and years (Pt.I)
You could imagine that being familiar with all that Harken produces and stands for is a lengthy process. You could imagine that being familiar with all that Harken produces and stands for is a lengthy process. So if you were going to be the person at the top in Australia, it would be best for you to have immersed yourself in sailing from an early age. When you grew up, being one of the technical service team would be more than a handy apprenticeship, as it were.
Posted on 19 Sep
Rio 2016 - America's Cup champ says Paralympic racing is closest ever
Twice America’s Cup champion, Rick Dodson is extremely impressed with the standard of racing in the three man Sonar Twice America’s Cup champion, Rick Dodson is extremely impressed with the standard of racing in the three man Sonar keelboat class at the 2016 Paralympics in Rio de Janeiro. The regatta is being held in Guanabara Bay on three of the courses used for the Olympic Sailing Regatta in August.
Posted on 13 Sep
Maxi Yacht Rolex Cup 2016 - Day 4 Images by Crosbie Lorimer
The Mistral finally blew itself out on Day 4, permitting the Race Committee to run two coastal course The Mistral finally blew itself out on Day 4, permitting the Race Committee to run two coastal courses for the 52 participating yachts in breezes that started at 15 knots and slowly faded as the afternoon wore on. Day 5 (Friday) saw the winds lighten further bringing some changes to the podium positions of several divisions
Posted on 10 Sep
Maxi Yacht Rolex Cup 2016 - Day 2 Images by Crosbie Lorimer
The Mistral is in and howling at Porto Cervo! After a brief lull to permit racing on Day 2 after the Day 1 cancellation, The Mistral is in and howling at Porto Cervo! After a brief lull to permit racing on Day 2 after the Day 1 cancellation, we have a second 'Lay Day' on Wednesday with racing again cancelled due to high wind speeds and a large seaway. The conditions were near enough perfect on Day 2 however, with 17-18 knots and a short sea, the breeze dropping later in the day.
Posted on 7 Sep
Maxi Yacht Rolex Cup 20126 - DAY 2 Images & VIDEO
The fleet of 49 maxis finally hit the water in north-westerly winds of 17-18 knots and a short and sharp seaway. The S The fleet of 49 maxis finally hit the waters off Porto Cervo in north-westerly winds of 17-18 knots and a short and sharp seaway on Day 2. The Super and Mini maxis headed out for a coastal race and the Maxi 72s & Wally fleet competed in two windward/leeward races. The choppy seas made for exciting footage and images.
Posted on 7 Sep
America's Cup - Emirates Team NZ train late on the Waitemata Harbour
Emirates Team NZ were out for a training session that ran into the early Thursday evening. Emirates Team NZ were out for a training session that ran into the early Thursday evening. The team were sailing their recently launched AC45 Surrogate test boat which features an articulated rudder gantry - taking the AC45 close to the geometry of the AC50 to be used in the 2017 America's Cup.
Posted on 1 Sep
The C Beetle Project
Every now and then something comes along your way and you just have to read it. Every now and then something comes along your way and you just have to read it. Such is Phil Smidmore’s tale of Mick Miller and if I could be so bold as to implore you to read, then I know your life will be the better for it!
Posted on 30 Aug
Dateline Rio - Sailing Olympics review - as good as it gets?
The Rio Sailing Olympics was widely judged to have been the best of recent times. The Rio Sailing Olympics was widely judged to have been the best of recent times. The weather was better than Weymouth and Qingdao, the courses more varied, but from a working media perspective, it was the people running the Rio regatta who really made the difference.
Posted on 26 Aug
Rio 2016 - Plain speaking by triple-medalist on Olympic sailing moves
Triple Olympic medalist, Santiago Lange has been on the sharp end of changes made to Olympic classes and formats Santiago Lange, a six-time Olympian and Bronze medallist in the 2004 and 2008 Olympics, won his third medal – Gold sailing in the Nacra 17 class. With that length of experience at an Olympic level, having sailed the Laser, Tornado and now Nacra 17 classes his comments on the future shape of the Olympic regatta was one of the highlights of the Medallists Media Conferences.
Posted on 25 Aug