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

 

Sail-World.com : America's Cup: Entry process opens on 1 November

America's Cup: Entry process opens on 1 November

'The Cup - 34th America’s Cup'    © Guilain Greiner

The America's Cup Defender, Golden Gate Yacht Club, has announced the process for entry into the 34th America's Cup, ahead of the entry window opening on 1 November 2010 and closing on 31 March 2011.

The only fee that is required with the lodgment of the Notice of Challenge is a $25,000 payment to America's Cup Properties Inc.

Once accepted further performance bonds are required to be lodged in mid-2011. While substantial ($1.5million each) they are refundable if the team does not default on the America's Cup World Championship series. The entry fee itself of a million Euros is not payable until April 2012.

There will be no formal announcement of details of the teams entered in the 34th America's Cup, save for an announcement of the fact that an entry has been received from a particular team. Further details of the entry will be at the timing and discretion of the team involved.

The announcement of the entry process follows the meeting of Interested Parties in the 34th America's Cup, which was an opportunity for teams considering entering the 34th America's Cup to receive first hand information from the Regatta Director, Iain, Murray and Event Director, Richard Worth as to the arrangements being put in place for the 34th America's Cup plus the preliminary series using the AC45 one design catamaran class.

The purpose of the meeting in Paris on Friday was to encourage teams to enter, in the realisation that the more teams entered the stronger the event became, which would in turn provide a springboard for future America's Cups, regardless of the Defender.

34th America’s Cup - AC45 wingsail construction at NZ Core Builders facility - Hull moulds preparation. -  Ivor Wilkins-www.americascup.com©?nid=76186   Click Here to view large photo

There were 24 teams represented at the Paris meeting, while many expect that number to reduce by at least half, experienced players will be cognisant that sitting out an America's Cup cycle is in fact taking a position in the 'market' and the primary decision should really be whether to enter a one or two boat team.

On the basis that the catamaran option chosen by Golden Gate Yacht Club is a success, because of the huge advantage in portability of multihulls for the World Championship circuit more so than the America's Cup, then standing out of a cycle and the missing the knowledge gained by other teams, is a substantial risk looking to the 35th America's Cup and beyond.

The numbers of teams entering will be viewed with considerable interest. The initial financial threshold is low, although the commitment downstream is high, but that should not be a deterrent for teams wanting to see if they can get traction in the market - the first step being an entry lodgment accompanied by the very modest fee.

34th America’s Cup - Potential challengers meeting - Iain Murray -  ACEA - Photo Gilles Martin-Raget?nid=76186_©   Click Here to view large photo

The salient parts of the Entry document are:

1.4 Notices of Challenge received before midnight (0000 hours) California time on November 1, 2010 are not valid and will be returned.

1.5 After receiving a Notice of Challenge, GGYC will review the challenge and, if necessary, in consultation with your
Representative as indicated in your Notice of Challenge. When satisfied it complies with the requirements of the Deed and Protocol, we will advise your Representative by email that it has been accepted.

1.6 GGYC will publicly announce only that it has accepted a challenge and the date of acceptance. We will not announce other particulars unless you ask us (GGYC) to (you make your own announcement).

1.7 Once a Notice of Challenge has been accepted, the other fees required under the Protocol become due on the specified dates. The Event Authority will advise your Representative how to pay those fees.

1.8 Notices of Challenge (and Applications of Defense, see below) will be reviewed in the order they are received. If there are multiple pending Notices of Challenges, more than one may be being reviewed at the same time. As soon as a Challenge is deemed valid it will be accepted, irrespective of order of submission with other pending Notices of Challenge (or Applications of Defense).

To view a full copy click here?nid=76186




by Richard Gladwell

  

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

http://www.sail-world.com/index.cfm?nid=76186

9:22 PM Mon 25 Oct 2010 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:

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
03 Apr 2014  34th America's Cup: A Match of three weeks - Part 3 - Under the Pump
MORE STORIES ...

News - USA and the World

America's Cup: Group agrees to co-operate in London Meeting by Richard Gladwell/Sail-World.com/nz,














America's Cup: Alameda makes overtures on Venue hosting for San Fran *Feature by Richard Gladwell/Sail-World.com/nz,














































2014 Pacific Cup - Scarlet Runner wins by Vanessa Yates, Hawaii






BIC Techno 293 Worlds 2014 - Day 6
PWA Fuerteventura Grand Slam - Wind teases competitors on day 2
Women’s Match Race Golfe du Morbihan - Action-packed day of racing
Herreshoff Marine Museum announces successful fundraising campaign
Brewin Dolphin Commodores' Cup - The most comprehensive victory yet
Anna Tunnicliffe holds fourth at mid-point of Reebok CrossFit Games
2014 29er North American Open Championship - Australians win
INSA Sabot II Invitational Regatta - Erik Hou claims victory
CMRC Summer Invitational Series - Maxi Soh wins Doubleheader A event
International Moth World Championships - Nathan Outteridge wins
PWA Fuerteventura Grand Slam - First blood to Toselli and Angulo
Melges 24 Nationals - Record entries for 2014 and 2015 venue revealed
Women’s Match Race Golfe du Morbihan - Anna Kjellberg claims the lead
Jessica Uniack Memorial Beach to Bay Race at Long Beach YC
Laser Radial Men’s World Championship - Poland tops the leaderboard
America's Cup - Four teams confirm full support regardless of venue
Plastic Classic takes place at Mariposa Hunters Point YC
Six Metre European Championship - No champion declared for 2014
J/Teams sail tough Chicago Mackinac Race
Anna Tunnicliffe wins first event of Reebok Cross Fit Games + Video
2014 Pacific Cup - Skill and luck required for victory   
Six Metre European Championship - Action resumes on day 4   
BIC Techno 293 Worlds 2014 - Day 4   
PWA Fuerteventura Grand Slam on the horizon   
Rolex Big Boat Series - Golden Jubilee to take place this September   
DH Pacific Cup - Running with the pack + Video   
Women's Match Race Golfe du Morbihan - Testing day in Vannes   
Brewin Dolphin Commodores' Cup - Ireland establishes solid lead   
International Moth Worlds: Outteridge charges into the lead + Video   
Marina Rubicón Round Canary Islands Race - First blood to Team Brunel   
ISAF Youth Match Racing Worlds - Competition heats up on day 2   
Laser Radial World Championships - Competition aplenty on day 3 +Video   
Extreme Sailing Series - Penultimate Act to take place in Nice   
Leukemia Cup - Images by Leighton O'Connor   
Maxi Yacht Rolex Cup - Meeting of the grand designs   
29er North American Championship - Final series kicks off   
29er World Championship 2014 set to start in Kingston, Ontario   
Barcelona and Parnu chosen for 2015 ORC championship events   
2014 Race for Rady Yacht Race - Benefiting Rady Children’s hospital   
CMRC Summer Invitational Series - Doubleheader events start tomorrow   


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