sail-world.com
 
 
News Home Video Gallery Photo 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

Team GBR’s Sparky on the Road to Rio (Part Two) *Feature by Rob Kothe and the Sail-World Team,




















Team GBR on the Road to Rio (Part One) by Rob Kothe and the Sail-World team,














































45th anniversary of Sir Robin Knox-Johnston's record circumnavigation
ISAF Sailing World Cup Hyeres - Sailors tweet about opening day
49er Blog: Glorious racing to kick start Hyeres World Cup
Clipper Round the World Yacht Race - Continuous close racing
ISAF Sailing World Cup Hyères - Fluttering flags whet sailors appetite
Antigua Classic Yacht Regatta - Race 4 images by Jude Robertson
ISAF Sailing World Cup Hyeres - US Sailing Team Sperry Top-Sider Day 1
ISAF Sailing World Cup Hyeres - Day 1 Nacra 17 images by Thom Touw
ISAF Sailing World Cup Hyeres - Day 1 Laser images by Thom Touw
ISAF Sailing World Cup Hyeres: Ioannis Mitakis leads Finns after day 1
RC44 Cascais Cup - Fresh faces join the line-up
ISAF Sailing World Cup Hyeres - Excellent racing on opening day
ISAF Sailing World Cup Hyeres - Images by Yvan Zedda and Franck Socha
ISAF Sailing World Cup Hyeres - Day 1 images by Franck Socha
Hyeres World Cup: Kiwis lead but Outteridge Jensen back in 49er fray
Belcher and Ryan lead from the start in Hyeres
ISAF Sailing World Cup Hyères - Race day 1 ready for lift off
Clipper Round the World Race 11 - Tense match downwind racing on Day 2
Antigua Classic Yacht Regatta - Day 3 an absolute gem
Quantum Key West 2015 dates confirmed
Flying Tigers 'Psych' - on Lake Lanier they pronounce it Zhik   
ISAF Sailing World Cup Hyeres: Anticipation intensifies as start nears   
Clipper Round the World Race - Race 11 start images by Chuck Lantz   
27th Antigua Classic Yacht Regatta 2014 - Big breeze on the butterfly   
Rolex China Sea Race 2014 - Pryde and Joy for Hi Fi   
Clipper Round The World Race - A flying start on Day 1 of Race 11   
Cammas on Caudrelier – different styles, same objective   
Clipper Race - Californian crew member continues fundraising journey   
Antigua Classic Yacht Regatta - Race 2 images by Jude Robertson   
Les Voiles de St Barth - Images by Christophe Jouany   
Clipper Round the World Yacht Race - Fleet sets sail in race 11   
Congressional Cup - Canfield and Team US One best star-studded field   
Clipper Round the World Yacht Race - Race 11 to get underway to Panama   
Antigua Classic Yacht Regatta - Race 1 images by Jude Robertson   
Rolex China Sea Race - Hi Fi collects the coveted IRC Overall title   
Rolex China Sea Race - First arrivals in Subic Bay   
Rolex China Sea Race 2014 - a sniff of a hat-trick for Neil Pryde   
America's Cup Book Review: Winging It - Oracle Team USA's comeback *Feature   
Clipper Round the World Yacht Race: Switzerland drops trou for charity   
Rolex China Sea Race 2014 - nip and tuck for IRC honours   


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.
X6XL NEW US