sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : America's Cup: Dalton claims expense at root of low challenger numbers
America's Cup: Dalton claims expense at root of low challenger numbers


'Emirates Team NZ’s AC72 is craned into the water with Luna Rossa already launched, both feature the new top wingsail section'    Richard Gladwell ©    Click Here to view large photo

Contrary to claims elsewhere, Emirates Team NZ CEO, Grant Dalton is reported in the Herald on Sunday as saying that expense is the main reason there are so few challengers in the next America's Cup and not the oft-blamed world economy.

Auckland media hear Iain Murray report on the Competitors Forum -  Richard Gladwell_©   Click Here to view large photo
Earlier in the week, America's Cup organisers were keen to damp down comments by America's Cup Regatta Management's Regatta Director, Iain Murray when he was widely reported in New Zealand as having said that he expected just three Challengers to be on the start line in the AC72 class. In later statement issued by America's Cup media staffers those comments were modified to indicate that a wider group of challengers could still participate in the Louis Vuitton Cup, due to get underway in July 2013.

The reports of low Challenger numbers came ahead of civic discussions in San Francisco, over the coming weeks, on the ratification of the City's contribution to America's Cup facilities based on certain expectations that were set on Challenger and potential visitor numbers, which have been revised down at least once.

Murray picked up the comment clarification theme in an international media teleconference held on Friday morning (NZT), where he advised that one team (possibly Oracle Racing, although no names were mentioned) had purchased the basic AC72 design package produced as a starter kit for potential teams - either to kick off a design exercise, or to build a single AC72.

Murray said that three teams had been allowed access to the basic plans without purchasing outright, with the idea that it would be used for 'quantity surveying' or estimating the build cost and other options in that regard.

Murray also modified his comments made in Auckland about build times (repeated in an interview broadcast Sunday morning on NewstalkZB with Peter Montgomery click here 11.30 into the clip) saying initially that June 2012 was the final date by which construction could be underway for an AC72, citing an eight month construction period.

On the Friday teleconference, Murray revealed a means by which a team could fast-track construction, using the basic design, and then purchasing a standard wingsail package from Southern Spars (who are also constructing the wingsails for Emirates Team NZ and Luna Rossa in their new facility in West Auckland). Under that scenario Murray believed the build to launch time could be as little as six months - implying, in theory, that December 2012 was the drop-dead date for starting building. However Murray quickly pointed out that such a timeline would be a scramble at the end for a Challenger, and would mean going into the Louis Vuitton Cup with the boat literally straight out of the box - something he would not be contemplating were he running an America's Cup team.

Grant Dalton interviewed at the ETNZ Viaduct Harbour facility -  Richard Gladwell_©   Click Here to view large photo
Returning to the reasons as to why Challenger numbers are less than originally expected.

'It's too damned expensive,' Dalton is reported to have told the Herald on Sunday in today's edition. 'Oracle have talked about the Cup being cheaper but it is 20 per cent more expensive than last time.'

'It is a very, very tricky thing [to build and race an AC72] and it probably scared off the Russians, for example, and maybe other teams as well. I mean, there are three billionaires and us [ETNZ is the only challenger to have won commercial sponsorship to race in the next regatta; all the other teams are being supported by wealthy backers]. I guess that makes it clear how viable it is.'

The Herald on Sunday reports Dalton as saying that the world economy actually made it easier to gain sponsorship: 'I guess it sounds a little counter-intuitive but when we got out there and did a lot of hard work, we found that many high-end sponsors had rationalised their sponsorship portfolio from, say 10 sponsorships to four.

'I actually had more success in raising money for this Cup than the last one. My suspicion is that we will hear from Oracle now that there are commercial realities afloat in a world economy and they'll blame that - but I don't think that is it.'

For the full Herald on Sunday report click here

Emirates Team NZ wait for the wind on the Waitemata harbour -  Richard Gladwell_©   Click Here to view large photo


by Sail-World

  

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

http://www.sail-world.com/index.cfm?nid=93597

9:15 PM Sat 4 Feb 2012GMT


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:

31 Aug 2013  America's Cup: Emirates Team NZ out sailing after upgrade
31 Aug 2013  Red Bull Youth America's Cup: Am-Cam interviews - meet the crews
31 Aug 2013  America's Cup: A quick look at University of Auckland's Yacht Research
29 Aug 2013  Red Bull Youth America's Cup: Am-Cam Video Practice Day, Aug 28
29 Aug 2013  Red Bull Youth America's Cup: The Flipside of the Cup - Video
29 Aug 2013  America's Cup: Oracle Team USA principals called to Hearing on Friday
29 Aug 2013  Louis Vuitton Cup: Dean Barker's Blog - The Cup is ours
28 Aug 2013  America's Cup: Images of Oracle Team USA Practice + Video
28 Aug 2013  America's Cup: Am-Cam Video - Red Bull and AC72 Practice
28 Aug 2013  Louis Vuitton Cup - Prize giving images by Carlo Borlenghi
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 Worlds - American unbeatable on day 1
RS Feva World Championships - All set at Yacht Club de Carnac
ISAF Rolex World Sailor of the Year Awards - Nominations now open
BIC Techno 293 Worlds - Steady winds on day 2 + Video
29er North American Open Championship - Qualifying series wraps up
Opening ceremony O'pen Bic World Cup, Travemunde Week, Germany
Six Metre Europeans - Wind fails to make an appearance on day 2
Edgartown Race Weekend - Let the sailing (and good times) begin
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   


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 WAS US
LocalAds   DE  ES  FR  IT