sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : America's Cup: Ainslie claims significant progress with British team
America's Cup: Ainslie claims significant progress with British team


'America’s Cup Day 8 San Francisco. Oracle Team USA tactician Ben Ainslie at the Day 8 Media Conference'    © Richard Gladwell    Click Here to view large photo

Sir Ben Ainslie has revealed that his drive to win the America's Cup with a British team for the first time in the trophy's 163-year history is 'in a good place' and that he has made significant progress towards raising the $US100m (£60.8m) required to try.

The four-times Olympic gold medallist said a final decision would be made in the spring, once the rules had been published.

L to R: BAR team members Paul Goodison, Sir Ben Ainslie and Matt Cornwell stand in front of the J.P. Morgan BAR AC45 at the London Boat Show 2014, ExCeL, London. -  onEdition ©   Click Here to view large photo
Ainslie, currently one of the feature points at the London Boat Show, announced that his JP Morgan-sponsored Ben Ainslie Racing Team would compete in the Extreme Sailing Series in 2014 with a crew that includes the Olympic gold medallists Paul Goodison and Pippa Wilson, said he had made good progress on securing backing from private individuals.

Former Team Origin backers Sir Keith Mills and Charles Dunstone, involved in the previously failed bid to launch a British America's Cup team, are among those involved as well as 'two or three' other private investors. Ainslie hopes to raise around half of the $100m required from private backers, with the rest from commercial sponsorship. 'There's no fixed date for the publication of the rules but we expect some rough drafts in the next month or so and for that to be made public in the spring,' he said.

Under the historic 'Deed of Gift', the winner chooses the next venue, the remainder of the details are negotiated with the Challenger of Record, Hamilton Island Yacht Club. Mills pulled the plug on Team Origin after the last protocol was announced - largely believed to be a result of the conflict with the London Olympics in 2012 and the split effort that would cause with going to a wing sailed multihull for the 2013 America's Cup. Sadly that move broke up the opportunity for a united British effort in the 35th America's Cup, with Gold medalist Iain Percy (GBR) signing with Artemis Racing (SWE) and now heads that team.

'So long as that's realistic, and there's no nasty surprises in there, then we'll push ahead. We expect the budget to be somewhere in the region of $100m, we're realistic about that,' Ainslie remarked.

He said he was also 'starting to pull the right sailors and designers together' and that the Extreme Sailing series of 'short, sharp' races around the world would help develop his thoughts about the right alchemy of skills and personalities required.

But Ainslie said a British bid for the 35th America's Cup, likely to take place in San Francisco in 2017, would have been impossible without the boost in profile afforded the sport by his part in Team Oracle's dramatic 8-7 victory last year.

'Realistically, we wouldn't be able to get to where we are now – we still have a way to go but we've had a huge amount of support – if the Cup hadn't been the success it was,' he told the Guardian, recalling how he had 'no idea' in the US how keenly the race was being followed back home.

For the rest of this story click here

America’s Cup Final 5 Oracle Team USA Skipper James Spithill and Ben Ainslie - the combination will break up if Ainslie is successful with his British bid -  Carlo Borlenghi-Luna Rossa©   Click Here to view large photo


by Sail-World

  

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

http://www.sail-world.com/index.cfm?nid=118288

10:51 PM Thu 9 Jan 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:

28 Dec 2013  America's Cup: Jimmy Spithill on why Oracle Team USA won + Video
24 Dec 2013  America's Cup: San Francisco puts its hand up for the 35th Match
21 Dec 2013  America's Cup e-Book project greatly exceeds start up target
20 Dec 2013  America's Cup e-Book project achieves start up target
18 Dec 2013  America's Cup: One of the greatest comebacks - book now released
18 Dec 2013  Your chance to back an exciting America's Cup project for $5 or more
17 Dec 2013  America's Cup: Jimmy Spithill on the 34th Match and more
16 Dec 2013  America's Cup: Dean Barker reflects on the 34th America's Cup
12 Dec 2013  America's Cup: Team France presented at Nautic Paris Boat Show
12 Dec 2013  America's Cup: Team Australia to stay out of talent bidding war
MORE STORIES ...






News - USA and the World









Audi Melges 20 World Championship - Classic Garda conditions on day 2 by International Audi Melges 20 Class Association,


















Audi Melges 20 World Championship - Alessandro Rombelli's 'STIG' leads by International Audi Melges 20 Class Association,




























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
Extreme Sailing Series: The Wave, Muscat claims victory on Cardiff Bay
International 14 World Championships 2015: Not just for boys
Rio de Janeiro achieves 50% treatment of sewage outflow *Feature
2014 AWT Quatro Desert Showdown - Event memorable videos
2014 18' Skiff Int Regatta: Day 1 at San Francisco - Reversal on beach
Emirates Team NZ: Last race boost cannot save team from table bottom
PWA Alacati World Cup - Furious slalom is upon us
J/111 World Championships - The Winner is Shmokin Joe!
J/24 US National Championship - Victory for Will Welles’ Cougar
Extreme Sailing Series: View the Final Day's action - Replay
NYYC Grandmasters Team Race - Reign continues for Noroton Yacht Club
WSSR announces new World Record Around Britain and Ireland
IFDS Worlds 2014 - Final day photos by Tim Wilkes
2014 Detroit Cup - Morvan wins
Newport Bucket Regatta 2014 -Images by George Bekris
IFDS Worlds 2014 - Final report: USA qualifies for Rio 2016
Extreme Sailing Series: Absent With-Out Leave – Ben Ainslie Racing
2014 IFDS World Championship - New champions claim medals
2014 IFDS World Championships - Sunday’s race images by Tim Wilkes
Shark World Championships underway in Toronto   
Anna Tunnicliffe: Alinghi second o'all - Extreme Sailing Series, Day 3   
Formula Kite World Championships - Nocher and Bridge crowned Champions   
Emirates Team NZ: Frustrating Day 3 in Extreme Sailing Series, Cardiff   
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   


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 VIR US
LocalAds   DE  ES  FR  IT