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 23 Jun 2014
 


Siege of Team NZ continues...Round the Island...VX One debut in NZ

Emirates Team New Zealand bury the bows in the bear away at the top mark in their first race of the Louis Vuitton finals against Luna Rossa Challenge.  Chris Cameron/ETNZ©
Welcome to Sail-World.com's New Zealand e-magazine for June 22, 2014

The siege of Team New Zealand has continued unabated all week, with elements of the New Zealand media taking up the lead initiated by Oracle Team USA skipper Jimmy Spithill on NZ TV and radio.

The team did itself no favours, by divulging sponsorship and financial information at its Black Friday media conference.

Now the campaign against the team has reached a new low with salary allegations being made, in the basis of information provided by sources who would not be named, and the personal finances and assets of team members being investigated in a half-arsed way by some elements of the media, who should know better.

It is hard to believe that a team and its CEO, in particular are being attacked in this way. Sure they made a serious, unintentional error. That has been admitted.

In their self-righteousness many seem to have forgotten the basket-case of a team the Grant Dalton inherited when he took up the CEO role back in 2003, after New Zealand was beaten by the Swiss Alinghi team, comprising six members of the winning NZ team from 2000.

The 2014 Bermuda Race fleet sail past Beavertail lighthouse out into the Atlantic.  Daniel Forster/PPL

The media conference at which Team New Zealand released its own review as to why it had lost the America's Cup, had media members calling for 'head to roll' and demanding that individuals should be named so they could be publicly pilloried.

Getting Grant Dalton on board, was a big risk for the round the world racer. He managed to re-shape the team to the point where it won the Louis Vuitton Cup in Valencia, and within weeks had to work out how to hold the America's Cup team together as Oracle embarked on a two year Court battle with Alinghi, which froze out other Challengers.

As we noted in the Sail-World review of the 2013 America's Cup campaign, Team New Zealand did not do a lot wrong in the run up to the 34th America's Cup - when they were based in Auckland. It was freely acknowledged by the other competitors that Team New Zealand led the development initiatives, and the team was the benchmark right through the Cup.

Richard Mille, the all British sailing team managed by Pete Cumming was today the first boat to cross the line on at the JP Morgan Asset Management Round the Island Race 2014. in  Th.Martinez/onEdition

Things did not go Team NZ's way in San Francisco, when they entered Oracle Team USA's home stadium. Oracle got the time, and data, they needed to close the gap and pass the Kiwis. We all know the final result.

The needling that we are now seeing directed at Team New Zealand, started midway through that series, and was aimed at skipper Dean Barker.

It followed a similar theme, of taunting people personally, and it has no place in the sport. Neither do those who indulge in such antics.

Oracle might not like it, but teams do have the right to speak up and point out issues that they believe are wrong with the event, or that are affecting them more so than others.

That does not deserve a sneering personal attack in response, and setting the lead for others to do the same and think that it is OK. It's not.

Super Yacht Cup. Final day  Jesús Renedo Photography

Turning to the New Zealand media, it is very clear that most do not have any understanding of the way America's Cup campaigns are put together, and how the financial cycle works.

A commercially based team will always have cashflow issues at this stage of the America's Cup cycle. There's no money coming in. You have to retain talent, get a sailing program running, and get the design work underway. For start up teams the task is even more difficult.

Team NZ's saving grace off the back of the 2007 America's Cup, was that the oft criticised Ernesto Bertarelli managed to run an event that produced a surplus that was distributed amongst the teams. Team New Zealand's payout was never publicly disclosed but was reported to have been $18million.

Boats meet the treacherous Isle of Wight landmark, The Needles. Navigating around their sharp and jagged rocks will be no easy feat. JP Morgan Asset Management Round the Island Race 2014.  Th.Martinez/onEdition

Oracle produced no such surplus from the 2013 regatta. In the Protocol for the 35th America's Cup, Oracle as event organisers took most of the commercial rights for the event - for both the Challenger Series and Match - but made no mention of distributing the surplus to competing teams.

It would seem that the New Zealand team has found a way to arrange bridging finance to get it through the current impasse, without resorting to further sponsorship advances from NZ Trade and Enterprise.

The team would do well to learn from their PR experiences of the past couple of weeks, say little, and let their actions and results on the water do the talking. They should also be very aware, that Team NZ have a lot of fair weather friends.

Nacra 17 European Championship  Yvan Zedda / Groupama sailing team

Sir Robin Knox-Johnston at the JP Morgan Asset Management Round the Island Race 2014.   onEdition ©
Stay tuned to our website www.sail-world.com for the latest developments.

Good sailing!

Richard Gladwell
NZ Editor

sailworldnzl@gmail.com

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Stay up with the latest sailing news, as it happens, at www.sail-world.com/nz







Oman Sail's MOD70 Musandam races at Kiel Week 2014,   Sander van der Borch ©

Sir Ben Ainslie helms Rebel at the JP Morgan Asset Management Round the Island Race 2014.  Th.Martinez/onEdition

Start of the JP Morgan Asset Management Round the Island Race 2014.  Th.Martinez/onEdition




America's Cup: Director and backer says that Team NZ have the funds
Richard Gladwell/Sail-World.com/nz,
Sir Stephen Tindall, a member of the new Board of Team Zealand told Newstalk ZB on Saturday, that the team had the funds for another six months, without further Government support. 'We were facing closure a week ago,' said Tindall. 'But some of us have put out hand on our pockets, and we now have enough money to get us through to the end of the year.'... [more]
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Mackay Boats new VX One makes her NZ debut - book your sail now!
Sail-World,
Mackay Boats have successfully launched and raced our first Mackay built VX One 'Just Fast'. The Just Fast is the first of our promotional boats and Mackay Boats is making her available to those who want to take her for a sail. For ease of use, she will predominantly be stored rigged up in the Sailablity compound at Westhaven and launched by crane.... [more]
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Royal Port Nicholson YC Winter Series: Let the Games Begin!
Paul Davies,
The RPNYC Moore Wilson's Winter Series burst into life with a stunning weekends sailing experienced by all those who took to the waters of Wellington harbour for the first of five action-packed race weekends.... [more]
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SSANZ Safety at Sea Two Handed Triple Series - Entered yet?
Cameron Thorpe,
New Zealand's most popular Two Handed Series isn't far away! Are you ready? Have you entered? SSANZ is pleased to announce a new major sponsor Safety at Sea, who in association with NZ Spars & Rigging and Evolution Sails are putting up a MAJOR SPORTPRIZE of a NEW SPINNAKER!... [more]
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Auckland On Water Boat Show to hold world record attempt.
Sail-World,
This year's Auckland On Water Boat Show will play host to a world record attempt. Lancer Industries, which has already set the record three times for the world's largest RIB, and which holds the largest catamaran RIB tube record, will be creating the monster SUP which the record attempt will be staged on.... [more]
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Juerg Kaufmann: Pure Sailing Passion - must see video
Juerg Kaufmann,
This spring, top international photographer, Juerg Kaufmann received a commission from the National Museum of Transportation to make a clip which will be shown on their IMAX Cinema. Now the video has been officially released by the museum to display also in the internet.... [more]
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America's Cup: Coutts takes media to task over Protocol inaccuracies
Russell Coutts and Sail-World,
Writing on his Facebook page, Oracle Team USA CEO, Russell Coutts, has picked up several comments made in a recent story published in the New Zealand Herald over aspects of a story criticizing the 35th America's Cup Protocol. Coutts wrote: I have even taken the time to write a letter to the Editor, in the hope they would correct the facts. After two days, no luck... a pity.... [more]
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Collinson FX Market Commentary: June 21, 2014 - KIWI climbs ladder
Collinson FX,
June 21, 2014: The EUR struggles at 1.3600 while the GDP has held 1.7000 reflecting the weakness of the reserve currency. NZD has regained 0.8700, driven by a hapless RBNZ and carry trade,attracting capital flows. The rising interest rates will impact the economy hard and Wheeler will realise his presumption. NZ trade data release this week may be the first symptom.... [more]
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More images from the JP Morgan AM Round the Island Race
World Wide Images,
More images from the JP Morgan Asset Management Round the Island Race, with the fleet sailing in light winds for most of the way.... [more]
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Images from the JP Morgan AM Round the Island Race
World Wide Images,
Images from the JP Morgan Asset Management Round the Island Race, with the fleet sailing in light winds for most of the way.... [more]
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2014 Newport to Bermuda Race images by George Bekris
Donna Erichsen,
Photographer George Bekris was out on the water to capture these images on the Newport to Bermuda Race 2014.... [more]
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Newport Bermuda Race - Mini-Maxis swap lead, Sinn Fein pushing hard
Talbot Wilson,
2014 Newport Bermuda Race - The predicted battle for the elapsed time victory in the Newport Bermuda Race between the three Mini-Maxis in the Gibbs Hill Lighthouse Division is coming to fruition. Based on the tracker report as of 5 AM on Saturday with 485 nautical miles to the finish, Bella Mente, Shockwave, and Caol Ila R are racing head to head... [more]
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JP Morgan AM Round the Island Race: Wind breathes on fleet at last
Kate Laven,
The wind has picked up across the J.P.Morgan Asset Management Round the Island race track which is great news for the 1500 strong fleet, especially the 70 odd back runners who are yet to round The Needles. The annual race around the Isle of Wight has attracted a fleet of 1,600 boats and 15,000 sailors... [more]
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International Yachting Trust 420's gear up for Worlds in July
Rob Burn,
420 Class Open Worlds 2014 Team are working hard to be the best prepared they can be for the Worlds in Travemunde, Germany, July 25 to August 3rd. The ISAF Youth Worlds in Tavira, Portugal, will provide a tough warm up for Sam Barnett and Zac Mertons before the Open Worlds, likewise the Crew of Annabel and Sophie will attend Warnemunde Week... [more]
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Volvo Ocean Race: Spanish Gold medalists involved in sixth entry
Volvo Ocean Race,
Spain is back for the Volvo Ocean Race 2014-15 with a boat spearheaded by two of the country's leading sailors, Iker Martínez and Xabi Fernández who will be aiming to help claim their nation's first victory.It's the eighth time out of the 12 editions of the race that Spain has been represented in the 41-year-old event.... [more]
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America's Cup: Barker and Burling to compete in different multihulls
ETNZblog.com,
Emirates Team New Zealand will be racing in two regattas in Europe next week: the single-handed A Class European championships in France and the fourth round of the 2014 Extreme Sailing Series in Russia. Dean Barker and Glenn Ashby are on their way to France to compete in the A Class catamaran European championships.... [more]
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ISAF Match Race Rankings - 18 May 2014
ISAF,
Camilla Ulrikkeholm (DEN) holds on to her World number one position in the Women's ISAF Match Race Rankings whilst Ian Williams (GBR) returns to the top of the Open Rankings.... [more]
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America's Cup: Coutts repeats offer of second AC62 for Challengers
Richard Gladwell/Sail-World.com/nz,
Oracle Team USA CEO, Russell Coutts, has repeated the offer of a second AC62 for the Challengers in the 35th America's Cup, removing a major criticism of the Protocol surrounding the event. Coutts' offer followed a comment made by Oracle Team USA skipper, Jimmy Spithill in the course of a radio interview broadcast a week ago in NZ.... [more]
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America's Cup: Emirates confirm discussions over Team NZ naming rights
Richard Gladwell,
Team New Zealand have confirmed reports appearing in several New Zealand media on Tuesday that Emirates Airlines are working closely with the team to renew their naming rights sponsorship. A news report on TV3 on Tuesday claimed that a trigger point for the airline, which has been a long-time sponsor of the team, was the exposure they received from the visit by the Duke and Duchess of Cambridge... [more]
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America's Cup: Can the Venue be other than the waters of the Defender?
Richard Gladwell/Sail-World.com/nz,
With the America's Cup venue now being bid to ports other than that of the Defending club, some wonder whether this practice is within the spirit, if not the letter, of the Deed of Gift which governs the 162 year old trophy. The issue was raised in 1988 when the San Diego YC was looking at Defence options against the Mercury Bay Boating Club's 'Big Boat' Challenge... [more]
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