News Home Cruising Photo Gallery Video Gallery : Alinghi forfeits America's Cup Bertarelli buys F1

Alinghi forfeits America's Cup Bertarelli buys F1

'After Foncia carced it Alinghi’s Bertarelli legs it to F1'    Thierry Martinez ©
Report just in: Alinghi forfeits America's Cup Bertarelli buys out Bernie Ecclestone
Legal representatives for America's Cup defender Alinghi today announced that they will forfeit the America's Cup, throwing yet more turmoil into the 33rd and 34th America's Cup competitions. Just one day before the scheduled legal hearing about the date for the multihull match that was to have taken place between Alinghi and BMW Oracle Racing, Ernesto Bertarelli made the following statement at a hastily arranged press conference at FIA headquarters in Paris:

'It is now clear to me that the sailing world is not interested in change, in progress for the America's Cup. My vision has come at the wrong time... some may say too soon, perhaps it's too late to save the Cup from the shackles of history. What I wanted to do was to become the Bernie Ecclestone of sailing... to run the America's Cup and related events like the Formula 1 circuit. That no longer seems possible... so I've decided that instead of emulating Mr. Ecclestone, I'd buy him out. We have successfully concluded our negotiations and while I am saddened to be leaving the world of the America's Cup and sailing, I'm very excited to announce that I am the new Formula 1 Supremo!

'Giving Max Mosley the boot is one of my first tasks. Wait, perhaps I should rephrase that...

'And I have some exciting ideas for changing Formula 1. National teams with citizenship requirements would be a great start. And color schemes based on national flags. And I'll have to have a lot more control over television rights, photographers, journalists and sponsor logos. We're headed into a fantastic future.'

A spokesman for BMW Oracle was nearly at a loss for words. 'We don't know where to start... there is simply no precedent for a forfeiture. Nothing in the Deed of Gift gives any indication on who should now be the Defender or the Challenger of Record. What on earth are we supposed to tell Judge Cahn tomorrow? We'd be better off just flipping a coin...'

Former F1 World Champion Jackie Stewart said simply 'You have got to be f'ing kidding me. Since when does building a business empire on selling a derivative of nuns' urine qualify this guy to run Formula 1 ?!?!?!?'

by scuttlebutt


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

10:52 PM Mon 31 Mar 2008 GMT

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

News - USA and the World

Audi Melges 20 World Championship - Final race to decide champion by International Audi Melges 20 Class Association,

Fort Lauderdale International Boat Show - 13 things to See and do by Fort Lauderdale International Boat Show,

Volvo Ocean Race: Update from Team Vestas Wind in images by Richard Gladwell/,

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,

Audi Melges 20 World Championship - Day 1 images by Max Ranchi
Clagett Regatta names first Executive Director
Transatlantic Race - Fleet expanded for 2015 edition
IFDS World Championship overall
Anna Tunnicliffe: Alinghi finishes second - Extreme Sailing Series
2014 18' Skiff International Regatta - Day 2
2014 Audi Melges 20 World Championship - It's go time in Garda
2nd Annual Keith Dinsmoor Regatta September 13-14
Aldo Alessio Regatta - Three days of tight racing
PWA Alacati World Cup - First blood to Van Der Steen and Offringa
Oakcliff Sailing hosts the Nacra 17, 49er and 49erFX Nationals + Video
International 18ft Skiff Regatta underway on San Francisco Bay
Maxi Yacht Rolex Cup 2014 - Quality fleet for Maxi Classic
Sailing Champions League - which is Europe's best sailing club?
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   

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  

Switch Default Region to:

Social Media





New Zealand

United Kingdom

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World






Contact Us

Advertisers Information

Submit news/events

Search Stories/Text


Advertisers Directory

Newsletter Archive

Photo Gallery


Banner Advertising Details

Newsletter Subscribe

Video Gallery





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.
LocalAds   DE  ES  FR  IT