sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : 35th America’s Cup - Sir Ben Ainslie secures funding
35th America’s Cup - Sir Ben Ainslie secures funding

'34th America’s Cup - Sir Ben Ainslie, Oracle Team USA'    ACEA / Photo Abner Kingman ©

Kate Laven in the Britain's Telegraph reports that British Olympian Ben AinsliBritish Olympian has secured the private seed funding for a British assault on the race. While potential America’s Cup challengers wait for details of the 35th America’s Cup to be announced, Sir Ben Ainslie has secured the private seed funding for a British campaign, to be unveiled next month.

She says It will be difficult for him to go ahead with the next phase of the Ben Ainslie Racing (BAR) campaign - raising the £100m commercial sponsorship - until he has seen the protocol governing the Cup, which is currently being agreed by Cup holders Oracle Team USA and official challengers Team Australia.

The protocol, which was due to be announced in March but has been promised for disclosure next week, will contain the rules for the next event, including plans for a 62-foot foiling wing-sailed catamaran, a similar but smaller version of the high speed AC72 used so dramatically in San Francisco last year.

San Francisco, where Ellison’s home and HQ are based, is the likely contender after showing itself to be a near perfect America’s Cup venue last time round though local tax payers were left with a hefty staging bill of $11 million which has made negotiations for the 35th Cup tricky.

Next month, Ainslie will announce who he has engaged so far to be in his sailing team, with all members expected to be British. His AC62 designers will also be unveiled though his friend Iain Percy, who is heading up the Swedish Artemis campaign, snapped up four highly regarded designers back in January reducing Ainslie’s options.

His AC team and new office premises near Southampton plus his Extreme Sailing Series campaign to bring him up to speed helming multihulls, has been funded mainly by two of Britain’s most passionate amateur sailors Sir Charles Dunstone, co-founder of Carphone Warehouse, and Sir Keith Mills of Airmiles, Tottenham Hotspur and London Olympics fame.

For full story go to click here


by Kate Laven


  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=122014

5:24 AM Sat 10 May 2014GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
2016-2017 America's Cup

Related News Stories:

11 May 2014  America's Cup: 2010 Cup winner goes on permanent display Oracle Corp
07 May 2014  America's Cup: Iain Murray on the Trials, the Team, and the Protocol
07 May 2014  America’s Cup wins Sports Emmy Award for its Mobile App
07 May 2014  America's Cup: 2010 Cup winner begins new journey to Oracle Corp
06 May 2014  America's Cup: Iain Murray on the Venue and AC62 size, shape and speed
05 May 2014  America's Cup: Iain Murray interviewed on the Protocol and AC62
04 May 2014  America's Cup - Oracle Team USA Update: 'We’re in a racing phase'
19 Apr 2014  America's Cup Book Review: Winging It - Oracle Team USA's comeback
14 Apr 2014  America's Cup: Gino Morrelli outlines the new AC62 design
12 Apr 2014  America's Cup: Emirates Team NZ up against funding hurdle for year
MORE STORIES ...






News - USA and the World









Aldo Alessio Regatta - Three days of tight racing by Erik Simonson, Pressure-Drop.US,








Sailing Champions League - which is Europe's best sailing club? by Dan Ibsen & the Sail-World team, Copenhagen


Weta fun at the Wine & Roses Regatta by Bruce Fleming, Santa Barbara
















J/111 World Championships - The Winner is Shmokin Joe! by Stuart Johnstone, Cowes, Isle of Wight












2014 Detroit Cup - Morvan wins by Dobbs Davis, Detroit




















Extreme Sailing Series: Light winds help The Wave Muscat - Day 3
Extreme Sailing Series 2014 Act five - Absent without leave – the wind
IFDS Worlds 2014 - Images: Race day five
Herreshoff Classic Regatta 2014 - Images by Ingrid Abery
Youth Olympics - Gold to Argentinean and Chinese Techno 293 racers
Youth Olympics Games Nanjing - Double Youth Olympic Gold for Singapore
Sevenstar Round Britain and Ireland Race 2014 - Two Handers celebrate
Audi Melges 20 U.S. National Championship 2014 - Brazilian dance party
IFDS Disabled Sailing Worlds Day 5 - USA fighting for Rio 2016 Berths
J/111 World Championship 2014 - Day 4: Shmokin Joe consolidates lead
Anna Tunnicliffe: Alinghi on top - Extreme Sailing Series, Day 2
2014 IFDS World Championships - Breezy frustrations
2014 Detroit Cup - Down to the final four
Sevenstar Round Britain and Ireland Race - Every finisher's a winner
2014 49er, 49er FX, Nacra 17 U.S. National Championship - Day 2
J/24 US National Championship - Will Welles leaps into lead
J/111 World Championships - Day 3
Extreme Sailing Series Act 5 – Day 2
Light wind and a freak storm at Youth Olympic Sailing Competition
31st Audi Hamilton Island Race Week - Declared 'best ever'
2014 IFDS World Championships - Aussies on fire   
2014 IFDS World Championships - Saturday’s racing images by Tim Wilkes   
2014 IFDS World Championships - Day 5 images by Jude Robertson   
2014 Audi Melges 20 U.S. National Champ - Day 3 images by Joy Dunigan   
Holt’s 25-year dream comes true with 505 Worlds Victor   
Emirates Team NZ: Collision puts an end to bid for a better day at ESS   
Extreme Sailing Series: Ben Ainslie Racing - mixed results on Day 2   
America's Cup: New brand and image partnership announced with SME   
Extreme Sailing: Tough and testing day on Cardiff Bay - Day 2 + Video   
2014 49er, 49er FX, Nacra 17 U.S. National Championship - Day 1   
2014 J/111 World Championship - Bigger breeze arrives on day 2!   
2014 Detroit Cup - Quarter-finalists determined   
2014 AWT Quatro Desert Showdown - Best Amatuer final ever!   
Audi Hamilton Island Race Week - Last day images by Andrea Francolini   
2014 Newport Bucket Regatta - Day 1 images by Ingrid Abery   
Anna Tunnicliffe: Alinghi in top three - Extreme Sailing Series, Day 1   
Audi Melges 20 U.S. National Championship - Tricky conditions on day 2   
Audi Hamilton Island Race Week: MC38s Images by Crosbie Lorimer   
2014 IFDS World Championship - Friday's racing images by Tim Wilkes   
2014 IFDS World Championship - Wind plays havoc with racing   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT