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

 

Sail-World.com : America's Cup: Italian Challenger's return expected on Wednesday

America's Cup: Italian Challenger's return expected on Wednesday

'Patrizio Bertelli and Francesco de Angelis are presented with the Louis Vuitton Cup by Yves Carcelle of Louis Vuitton in 2000.'    Event Media    Click Here to view large photo

Italian media are reporting that a media conference will be called late Wednesday afternoon (local time) to announce a return to the America's Cup by the three time Italian challenger, Luna Rossa, headed be Patrizio Bertelli.

Also participating at the announcement will be Emirates Team New Zealand's CEO Grant Dalton, and the two teams are expected to announce a working agreement.


Miuccia Prada smashes a bottle of Gran Cuvée Brut 2002, a Franciacorta from the Bellavista wine cellars, on the bow of the new boat, with her husband Patrizio Bertelli at her side. -  Luna Rossa Challenge 2007 S.L.@ Carlo Borlenghi   Click Here to view large photo
Recently Prada SA posted a notice on the Hong Kong Stock Exchange saying that the Italian fashion house, of which Bertelli is CEO, saying that the Italian company had been invited to become a sponsor of the America's Cup team to the tune of Euro 40million (USD55million/NZD70million).

That amount is believed to be less than the sum required for a full challenge to the tune of about USD30million.

The current Protocol does not appear to prohibit formal working agreements between Challengers, however they are unprecedented although some formal arrangements have been put in place.

Of course the conditions of the Protocol can be changed at any time by the Defender, provided the Challenger of Record does not veto the change. The other challengers do not have formal voting rights on any change as of right.

Although details of the move are not announced, they could be ruled against retrospectively if they were felt to give an unfair advantage to the teams involved.

The suggestion that Emirates Team NZ were going to tune up against Alinghi ahead of the 2007 Louis Vuitton Cup Final were meet with outrage from other Challengers, however the relationship between the Challenger of Record Artemis Racing and the Defender Oracle Racing is regarded by many as being cosy - on a bad day. Indicative of how the 'enemy of my enemy is my friend' wheel has turned in the latest edition of the America's Cup.

Luna Rossa have been competing in the Extreme Sailing Series, sailing Extreme 40's. Patrizio Bertelli initially declared he was not interested in entering his team for their fourth America's Cup, however clearly changes that have been made to the rules have made the event more attractive.

It was also announced separately that there will be an America's Cup World Series Event staged in Naples in April 2012, and a second event is expected to be held there in 2013. The ACWS will also hold an event in a second Italian venue, Venice in May 2012, with a second said to be promised for 2013, giving Italy four events in the ACWS with just one unannounced entry in the regatta.

Luna Rossa contested the 2000, 2003 and 2007 Louis Vuitton Cups. Their best performance was in 2000, when they became the Challenger in Team New Zealand's first Defence, in Auckland.

Currently there are eight teams entered in the 34th America's Cup. Only four or five are expected to be able to generate sufficient sponsorship to commit to an AC72 program and be on the starting line for the start of the Louis Vuitton Cup in July 2013 in San Francisco. The addition of Luna Rossa with a Prada sponsorship would tick both columns of the ACWS and America's Cup ledger, and get the Louis Vuitton Cup closer to its rumoured contracted requirement of needing eight teams, without Cup organizers sustaining a monetary penalty for each incremental shortfall..




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=90227

4:39 AM Wed 2 Nov 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:

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















2014 J/111 World Championship - Bigger breeze arrives on day 2! by Stuart Johnstone, Cowes, Isle of Wight




























Audi Melges 20 U.S. Nationals - Oleander takes early lead by International Audi Melges 20 Class Association,






2014 Detroit Cup - Sam Gilmour leads by Dobbs Davis, Detroit, Michigan








Audi Hamilton Island Race Week: Riding the AC45 - VIDEO by Crosbie Lorimer, Hamilton Island










America's Cup: Five Challengers sign-on for 35th Match
Volvo Ocean Race CEO Knut Frostad talks Time and Money (Part II) *Feature
America’s Cup - British Challenge accepted by Golden Gate Yacht Club
Volvo Ocean Race - It’s been emotional, but it’s time to move on
Cork OCR - Sail Canada Senior Nationals wrap up
J/111 World Championships - British Teams take early lead on day 1
Round Britain and Ireland Race - Jellyfish stings British Soldier
International Cadet World Championship – Day 4 at Weymouth, England
Nanjing Youth Olympic Games - Light wind plagues Lake Jinniu
2014 Formula Kite World Championships - Bridges strike back on day 2
AWT Quatro Desert Showdown at Punta San Carlos
SAP 505 World Championship - Holt and Woelfel on top
2014 IFDS Disabled Sailing World Championship - Day 2
Audi Hamilton Island Race Week; MC38s Lindeman Island Race VIDEO
2014 Audi Melges 20 U.S. National Championship - Ready to rock
IFDS Worlds - Wind delays, but racing continues in Halifax
IFDS World Championships - Day 2 images by Jude Robertson
MS Cup - Three days until the start
America's Cup: Rod Davis - Time for a change after ten years with team *Feature
ISAF seeking hosting bids for Nations Cup
Laser 4.7 Youth Worlds - Luvisetto and Alexadr Boite victorious +Video   
IFDS World Championships - Action shots by Tim Wilkes   
Maxi yacht rendezvous this September in Sardinia   
World Yacht Racing Forum 2014: 'Growing the business of Yacht Racing'   
Clipper Race: 2015-16 edition of world's longest ocean race 70% full   
Sevenstar Round Britain and Ireland - Swish smash 5th World Record   
Leaderboards take shape at the Nanjing Youth Olympic Games 2014   
IFDS Worlds - Hot competition on first day of racing   
Challenging Conditions - CORK OCR   
IFDS World Championship - Day 1 for the US Sailing Team   
2014 Melges 20 World Championship - Countdown begins   
2014 Nanjing Youth Olympic Games - Day 3   
America's Cup: Team NZ wish Davis well with new team *Feature   
Fisher's View: Sailing perfection at Hamilton Island- Day 3   
Roble and Wilson still number one match racers in the U.S.   
2014 Formula Kite World Championship Day 1   
IFDS World Championship - Day 1 images by Jude Robertson   
Volvo Ocean Race: Forget the f-word - Team SCA profiled   
52 Super Series - Fleet grows, 2015 dates revealed   
420 and 470 Junior Europeans - Teams from 9 nations on the podium   


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