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

 

Sail-World.com : America's Cup: Competitors Forum breaks up on a promise

America's Cup: Competitors Forum breaks up on a promise

'Oracle Racing and Artemis Racing, as Defender and Challenger of Record have the final say on the rules and conduct for the 34th America’s Cup'    ACEA - Photo Gilles Martin-Raget ©    Click Here to view large photo

The competitors in the 2013 America's Cup met by teleconference today. Sail-World is informed that the meeting broke up without any decisions being reached - partially explained by the fact that the international group was working across various time zones - and for some it was the early hours of the morning.

The meeting is understood to have lasted a couple of hours and was not acrimonious.

Given that there is currently a Protocol in place for the event, a number of teams have purchased AC45's and have active design teams for the AC72 program, and a regatta management and media test event has just been concluded in Auckland, it would seem to most observers that the cornerstones were in place for the 34th match due to be staged in San Francisco in September 2013.

But against that backdrop is the fact the the current Challenger of Record, Club Nautico di Roma recently withdrew, and was replaced by a Swedish club. That decision is believed to be the subject of a yet to be heard complaint to the International Jury, along with some other issues.

At least one of the unannounced/confidential entries has is believed to have dropped out ahead of the time required to pay the first of the Performance Bonds. Others are believed not to have paid the $200,000 bind on the due date at the end of April. That matter too has apparently be sent off to the International Jury. The total teams now to remain in the event stand at 12, with a comment that 10 will participate in the first AC45 event. 15 teams were announced as being entered/filed notices of challenge when entries closed at the end of March. One of those was subsequently not accepted as it did not comply with the 19th century Deed of Gift which governs the conduct of the America's Cup.

As yet there is no announcement made on the television package for either the America's Cup World Series, due to start in Cascais, Portugal from 6-14 August, or the other events in the preliminary series to be sailed this year.

A total of 13 events were programmed for the World Series, which is to be an annual series, usually with seven regattas in a non-America's Cup year. The series is set down to start in the AC45 one design catamarans which have been built in New Zealand, before switching to the AC72's.

Emirates Team NZ and Oracle Racing would seem to be crossing tacks on and off the water ahead of the America’s Cup World Series and Match itself. -  ACEA - Photo Gilles Martin-Raget?nid=84155_©   Click Here to view large photo

Today's meeting was expected to confirm the way forward for the event, but instead broke up with no decisions taken, plenty of solutions on the table, no report of the meeting and no comment on the problems for which the solutions were on offer.

One had it that the AC Regatta and Media Trials in Auckland were such a resounding success that there were several new options for the event which needed to be considered by the Competitors.

Even so, at the heart of the matter seems to be the disparity between the financial state and preparedness of the teams.

On one hand there are the established teams - Oracle Racing, Artemis Racing and Emirates Team NZ. The first two are billionaire backed - without the same sponsor delivery requirement to sponsors as the twice America's Cup winner, Emirates Team NZ. Little is known of the design effort of the first two teams, however Emirates Team NZ has announced a team of 30 designers, who have been on the task since October 2010.

A team that size and having started almost eight months ago, are generally reckoned to be what is necessary to win an America's Cup in 2013.

The other seven to nine teams are believed to be towards the other end of the spectrum, playing catch up in terms of time, and still to put together their funding arrangements - a task made no easier by the lack of announcement on a television package for the America's Cup World Series or the Louis Vuitton Cup and America's Cup itself.

Certainty on the television package would give the teams something definitive to put in front of potential sponsors, and attract vital funding necessary to sign design and sailing teams.

The larger group of teams is believed to be looking to extend time and reduce costs.

Emirates Team NZ is programmed for an event specified in the Protocol without any changes which affect the game materially and leading to a Match in September 2013.

The Challenger of Record, KSSS/Artemis Racing and the Defender Golden Gate Yacht Club/Oracle Racing have the right to decide any changes to the Protocol with out reference to the other parties. Or, if reference was made they could go along with a majority vote, in which Emirates Team NZ could be expected to be in the minority, on anything that represents a material change in the conduct of then event.

From the New Zealander's perspective it seems to be a case of 'heads you win, tails we lose'.

At this stage of the America's Cup, for a team serious about winning, the game should be locked and loaded in terms of finances and resources. For many it's not - and any wriggle room they can get on the Protocol will be grabbed with both hands.

Currently, it is understood that no date has been set for the Competitors' Forum to reconvene.




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=84155

1:12 AM Tue 31 May 2011 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

















































International Moth Worlds: Rashley ahead as Aussies close in by Mark Jardine / YachtsandYachting.com,


















ISAF Youth Match Racing World Championship - Action commences July 23
International Moth Worlds - Mothballed on day 4 + Video
Spirits high as Team Alvimedica completes Transatlantic crossing
Gladwell's Line: A change of direction needed in the America's Cup *Feature
29er North American Championship - Day 1 in Kingston
Red Bull 49erFX: First look at the Olympic sailing venue at Rio
Fuerteventura Kiteboarding Grand Slam - Classic conditions on day 3
NYYC Race Week Part II images by Rolex/Daniel Forster
Drowning or electric shock? What you need to know to help save a life
BIC Techno 293 Worlds 2014 - Day 1
Six Metre European Championship - Blazing sunshine on opening day
National Sailing Hall of Fame to present Lifetime Achievement Award
International Moth Worlds: Greenhalgh and Rashley tied at the top
PWA Pozo World Cup - Fantastic finale determines winners
Six Metre Class British Open Championship - Llanoria and Valhalla win
Anna Tunnicliffe set to compete at the CrossFit Games
America's Cup: Oracle Team USA holds foiling camp at Wangi SC
Volvo Ocean Race: Abu Dhabi OR completes double Atlantic crossing
Volvo Ocean Race: Team SCA has a 'pull through day' off the Canaries
No tiller sailing - how to steer using just the sails + Video
International Moth Worlds: Three bullets in a row for Greenhalgh   
U.S. Junior Women’s Singlehanded Championship - Sophia Reineke wins   
BIC Techno 293 Worlds 2014 - Day 0 Opening   
Fuerteventura World Cup - Slalom action highlights day 2   
2014 Governor's Cup - Sam Gilmour of RFBYC victorious again   
Farr 40 West Coast Champ - Skipper Alberto Rossi leads Enfant Terrible   
Flying Dutchman World Championships - Magyars are the Masters   
Final day shakes up standings at Cape Panwa Hotel Phuket Raceweek   
2014 -15 Volvo Ocean Race: Team Alvimedica pushing towards Southampton   
NYYC Race Week - Saving the best for last   
VX One North American Championship - Chris Alexander commands   
2014 Cape Panwa Hotel Phuket Raceweek - Waiting game on Day 3   
International Moth Worlds: Thunderstorms delay racing on Day 1   
Fuerteventura World Cup - Impressive tricks on day 1   
2014 Governor's Cup - Two former winners in the finals   
America's Cup: Iain Murray explains reasons for Australian withdrawal *Feature   
Wilson and Roble remain number one match racers in U.S.   
2014 ISAF Youth Match Racing World Championship - Set to start   
PWA Pozo World Cup - Moreno twins dominate home spot   
ISAF Youth Worlds - Record breaking regatta in Tavira + 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