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Sail-World.com : America's Cup Protocol said to be in the mail
America's Cup Protocol said to be in the mail
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Well connected yachting correspondent, Stuart Alexander writes in UK newspaper, The Independent:
The fate of Britain’s challenge for the America’s Cup should become clearer this week as the format to which it would have to sign up is sent out by the San Francisco-based defender, BMW Oracle.
But Team Origin is far from being the only potential challenger for a trophy that goes back to 1851 which is apprehensive about having enough say over a campaign which, according to Origin boss Sir Keith Mills, should be spending over £2m a month.
The protocol for America’s Cup 34, which is being described as a new deal for a new era, has been over four months in the making since Oracle blew the old Swiss holder of the Cup, Ernesto Bertarelli’s Alinghi, out of the water in Valencia with the bazooka of a giant wing sail.
Oracle, its owner, Larry Ellison, plus skipper and CEO Russell Coutts, have consistently said they would reconstruct the event to give the challengers more say, to make its administration fairer and more transparent, and introduce measures to cut costs.
The protocol should outline the way in which the format for the next event will be structured, how the race administration will be put in place, including its independence, and even some ways in which costs could be cut, including a reduction in team sizes and proposals again to share the cost of weather data collection.
In theory it should have been worked through by Oracle’s chosen challenger of record, Vincenzo Onorato’s Mascalzone Latino team representing a club in Rome. It has also been the subject of consultation with the chairman of a group called the World Sailing Teams Association (WSTA), Paul Cayard. The WSTA was formed during the time since 2007 when Oracle and Alinghi were at loggerheads in the New York courts and the others were left dangling, awaiting the outcome.
Louis Vuitton has been kept in the loop by Oracle, though it would only ever be a commercial partner and could not be a participant to any agreement on the protocol. This week’s moves could make the WTSA, of which Oracle is a member, redundant and see it evolve into a Challenger of Record Committee.
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by Stuart Alxander
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http://www.sail-world.com/index.cfm?nid=71072
10:42 AM Tue 22 Jun 2010 GMT
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