sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery

 

Sail-World.com : Inclusive process sought to resolve America's Cup

Inclusive process sought to resolve America's Cup

Golden Gate Yacht Club
The Golden Gate Yacht Club (GGYC) today released a letter sent last week from Larry Ellison to Ernesto Bertarelli proposing a framework to modernize the America’s Cup by mutual consent, reduce costs, and get the maximum number of teams back on the water for the 33rd edition as soon as possible, under fair rules similar to those that governed the highly successful event in 2007.

The letter, dated October 17th, states, 'I support modernizing the Cup to the extent possible under the current Deed of Gift … [and] I think some of your re-structuring ideas have merit. But those will take time to develop and implement, and in the meantime we need to focus on solutions to get the America’s Cup back on the water as soon as possible.

We also should not attempt to change 157 years of history and tradition overnight, without carefully considering all the ramifications of such changes and consulting with the important stakeholders.'

The letter reiterates GGYC’s September 23rd offer to end the legal battle over the next America’s Cup if Bertarelli’s Société Nautique de Genève (SNG) agrees to stage the 33rd America’s Cup as a conventional, multiple challenger regatta under fair rules similar to those that governed the event in 2007. Assuming Bertarelli drops such unfair conditions as insisting that the judges and other race officials be employed by an organization that he controls, Ellison states that he would support Bertarelli’s proposal to limit each team to one boat, along with 'any other sensible cost cutting measures.'

The letter further says that GGYC would agree to allow the Defender to race in the Challenger Selection Series with certain limitations, would be open to a 2010 date, and would consider using the ACC V5 class one more time, with each team limited to building only one new boat. Ellison wrote, 'Obviously, this would be the least expensive and fastest way of getting the maximum number of teams back in the competition.'

Ellison proposes meetings of all the Cup stakeholders to resolve boat design and other issues, and to agree by mutual consent on an appropriate date. He urges Bertarelli to 'get the teams together around one table as soon as possible' and make decisions 'in an open, transparent and democratic process.' Ellison also praises the Louis Vuitton Pacific Series as an 'excellent and cost effective way to get the Cup teams back on the water,' and he proposes that the LVPS format 'be extended to include other similar regattas in other parts of the world, hosted by other Cup teams such as Emirates Team New Zealand is doing in Auckland.'

This could lead to a full 2009-2011 calendar of world-class regattas that would benefit the entire sailing community by providing a consistent commercial return for the teams. All Stakeholders Must Be Involved in AC33 Discussions GGYC spokesman Tom Ehman said Ellison’s letter was sent last week, and there had been no reply. He said the letter was being released in response to this week’s announcement by Alinghi of their intention to try and push forward with AC33 with rules heavily skewed in favor of the defender.

'We remain ready and willing to reach a settlement outside of court based on rules similar to those used in the highly successful AC32,' Ehman said. 'But, as Larry proposed in his letter, all key stakeholders must be involved in meaningful discussions about what AC33 is going to look like. We’re confident the Challengers as a group would be flexible on many details and could quickly reach mutual consent with the Defender.

That’s the fastest and best way to end the litigation and get the America’s Cup back on course.

'It is surprising that SNG – as a trustee of the America’s Cup – would allow Alinghi and AC Management to set another entry deadline for mid-December, given that the New York courts will not rule on the pending litigation until next year. It’s time Alinghi stops trying to dictate the rules and sits down with all viable Challengers in a sincere effort to reach mutual consent on the date, format, class of yacht and other key rules.'




by Jane Eagleson, BMW Oracle Racing Media

  

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

http://www.sail-world.com/index.cfm?nid=50160

6:04 PM Fri 24 Oct 2008 GMT






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

Click for further information on
2013 America's Cup

Related News Stories:

09 Aug 2014  America's Cup: Former Artemis crew member says danger is being ignored
27 May 2014  America's Cup: Oracle Team USA under stress
23 May 2014  America's Cup: Oracle and Team NZ designers reveal AC72 secrets
22 May 2014  America's Cup: Artemis death verdict 'result of an human act'
10 May 2014  A year after the Artemis incident, the sailors tell of the pain
01 May 2014  America's Cup: Oracle and Team NZ tech insights - Free lecture tonight
16 Apr 2014  America's Cup: Expected de Ridder penalty should be reduced
14 Apr 2014  America's Cup: Dean Barker's Blog - A sail with the Duke and Duchess
12 Apr 2014  America's Cup: Coutts claims ISAF Jury on a crusade, backs Kiwi report
10 Apr 2014  America's Cup: Two Kiwis escape hometown action in AC45 rules ruckus
MORE STORIES ...

News - USA and the World

































Big Boat Series - It's not the size, it's the length by Erik Simonson, Pressure-Drop.US,




















470 Men and Women Worlds - Champs take over leaderboard by 470 International Association Class,














ISAF Sailing Worlds, Santander - Giles Scott continues to extend lead
ISAF Sailing Worlds, Santander - Day 7 images by Sailing Energy
ISAF Sailing Worlds - Laser and Radial winner images by Jesus Renedo
ISAF Sailing Worlds, Santander - Medal Race images by Sail-World.com
ISAF Sailing Worlds - Dutch dominate Laser and Radial in Santander
Royal Cup Marina Ibiza - Quantum Racing more than doubles overall lead
J/24 World Championship - Excitement builds for Newport racing
Volvo Ocean Race - Seb Marsset joins Team Alvimedica
Fall Seamanship training opportunities at New York Yacht Club
Rolex Big Boat Series: More images from San Francisco - Final Day
AWT Hatteras Wave Jam action commences on day 3
Rolex Big Boat Series: Images from San Francisco - Final Day
ISAF Sailing World Championships - Watch medal races live here
Hobie 16 Open North American Championships and Pan Am Games qualifier
ISAF Sailing World Championship - Videos from Santander
ISAF Sailing Worlds: Buckingham into Medal Race, 470's stay consistent
470 Men and Women Worlds - Vadlau and Ogar into pole position
2014 Chicago Match Cup - Defending champion on top
ISAF Sailing Worlds, Santander - Strong competition for RS:X fleets
ISAF Sailing Worlds, Santander - Big breeze on day 6 + Video
ISAF Sailing Worlds, Santander - Buckingham into Laser Medal Race   
U.S. Multihull Championship - Hobie Alter Trophy to be decided   
ISAF Sailing Worlds - The kind of form most sailors only dream about   
Royal Cup Marina Ibiza - Quantum Racing ahead of target   
ISAF Worlds Santander - 19 Rio 2016 Laser Radial spots awarded   
Santander 2014 ISAF Worlds - 21 broadcasters to take live coverage   
Rolex Swan Cup - Looking forward to the next 30 years   
America’s Cup: The Future is foiling – AC45s to be modified   
Volvo Ocean Race: Win a stopover trip by designing an ECsix T-Shirt   
Red Bull 49erFX: On the eve of the Worlds in Santander   
America's Cup: Ben Ainslie Racing launches partnership with Yamaha   
2014 Chicago Match Cup - Starts tomorrow   
Rio 2016 Daylight the issue for Olympic sailing regatta   
ISAF Sailing World Championships - USA 470's and Lasers battle at top   
ISAF Sailing World Championships - Santander - Day 5 video highlights   
ISAF Sailing World Championships - Santander images by Jesús Renedo   
PWA Cold Hawaii World Cup - No action on day 2   
470 Men and Women Worlds - Game on for Olympic Qualification   
ISAF Sailing World Championships: Finns off to slow start in Santander   
ISAF Sailing World Championships - Seesaw Day 5 in Santander + Video   


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