sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : America's Cup: Fourth Challenger pays Entry Fee for Louis Vuitton Cup
America's Cup: Fourth Challenger pays Entry Fee for Louis Vuitton Cup

'America’s Cup World Series Naples 2012 - Team Korea first AC45 to sail in Naples'    Gilles Martin-Raget/www.americascup.com©    Click Here to view large photo

Team Korea has paid its entry fee for next year's Louis Vuitton Cup (America's Cup Challenger Series) hitting another important milestone on the road to San Francisco in 2013. This marks the first time a team from Korea has challenged for the America's Cup.

America’s Cup World Series Naples 2012 - Team Korea first AC45 to sail in Naples -  Gilles Martin-Raget-www.americascup.com©   Click Here to view large photo
'I'm very happy to see Team Korea take this next step,' said Iain Murray, the Regatta Director for the 34th America's Cup. 'The challenges faced by any America's Cup team are immense; it's just a massive project, so to see the Korean team tick another box and move to the next stage is very encouraging.'

Next, the team will need to finalize its boat design and begin building its own AC72, for which the major components must be constructed in Korea as per the Rules of the event. The design team is led by Auckland based Bakewell-White Yacht Design.

It has not been announced whether Team Korea will be using the basic design package, and purchasing a standard wingsail from Southern Spars, or if the complete package will be built assembled and launched in Korea. The minimum cost of an entry using the standard package has been put by other teams at Euro16million, a figure which is well below the budgets of other two boat teams - which has been set at five times that amount.

The sponsorship from Prada to the Italian Luna Rossa Team, also building one boat was announced at Euro40million.

Team Korea has already proven itself a solid competitor in the AC World Series and heads to the final event of the 2011-12 season in Newport this month in fifth place. The team is led by current World 49er Champion, Nathan Outteridge (AUS), who made his debut in the AC45 class this past April in Naples, and proved a quick study, leading the team to good results. A strong performance in Newport could see Team Korea finish as high as fourth place in the Season Championship.

Team Korea joins Artemis Racing (SWE), Emirates Team New Zealand (NZL) and Luna Rossa Challenge (ITA) as challengers for the 34th America's Cup. Oracle Team USA, led by skipper Jimmy Spithill and based in San Francisco, is the Defender.

Following a unanimous vote from the competitors the entry deadline for challengers was recently extended by two months to August 1st.

The announcement is a relief for America's Cup organisers, and gives new shape to the Challenger Selection Series.

Team Korea - America’s Cup World Series Venice 2012 - Training day -  Gilles Martin-Raget-www.americascup.com©   Click Here to view large photo
They will now be able to plan on a four boat Challenger Selection Series, which will make race scheduling considerably easier, and will open the option for continuous racing on the day (with one pair racing, while the other is in pit-lane).

The fourth boat also means there will be a semi-final series, leading into a Louis Vuitton Cup Final.

At this stage assuming there are just four Challengers, the early rounds will just be a qualification round to seed boats for the Semi-Finals in some way.

Planning for the series format will not be announced until the close of entries on August 1, 2012, although the issue is expected to be discussed at the next America's Cup World Series.

Two other teams, China Team and Energy Team, are believed to be trying to confirm sponsorship and financial backing, with Energy Team (France) the most likely of the two. China Team has advised that it will not be competing in the next round of the America's Cup World Series in Newport, RI, USA.

It was Energy Team who requested that the entry deadline be extended for two months, at the last Challengers Meeting, a matter which could only be voted upon by the four entered teams, with the ACWS entries excluded from voting on this point.

Emirates Team New Zealand and Oracle Team USA are expected to be the first teams to launch AC72 catamarans in mid-July. Artemis Racing damaged their first wingsail in testing and it has not been announced when their AC72 will be launched. Luna Rossa are expected to launch their only boat, in Auckland in September.

Team Korea - America’s Cup World Series Naples 2012 - Race day 2 -  Gilles Martin-Raget-www.americascup.com©   Click Here to view large photo

Team Korea - America’s Cup World Series Naples 2012 - Race day 2 -  Gilles Martin-Raget-www.americascup.com©   Click Here to view large photo

Team Korea - America’s Cup World Series Naples 2012 - Race day 2 -  Gilles Martin-Raget-www.americascup.com©   Click Here to view large photo

Team Korea - America’s Cup World Series Naples 2012 - Race day 2 -  Gilles Martin-Raget-www.americascup.com©   Click Here to view large photo

Team Korea - America’s Cup World Series Venice 2012 - Training day -  Gilles Martin-Raget-www.americascup.com©   Click Here to view large photo


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=98666

3:36 AM Tue 19 Jun 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:

18 Jun 2012  America's Cup 2013 - African Diaspora Maritime sues Golden Gate YC
16 Jun 2012  America's Cup: Ray Davies works out the Kinks for Emirates Team NZ
13 Jun 2012  America's Cup: Defender's first AC72 wingsail is delivered
13 Jun 2012  America's Cup: Oracle Racing's wingsail arrives in San Francisco
07 Jun 2012  America's Cup: Team Korea principal says they will enter AC34
05 Jun 2012  America's Cup: Paul Cayard interviewed on Artemis wingsail break
31 May 2012  Gladwell’s Line: America’s Cup – Emirates Team NZ AC72 unveiled +Video
28 May 2012  Golden Gate Bridge Anniversary - Oracle Team USA carry special message
26 May 2012  Artemis Racing's AC72 wing sustains damage
25 May 2012  America's Cup: Oracle Racing move wingsail for shipping to USA
MORE STORIES ...






News - USA and the World



Starboard Hatteras Wave Jam day 5 by American Windsurfing Tour,






















470 Men and Women Worlds - Champions decided in Santander by International 470 Class Association,










































Royal Cup Marina Ibiza - Quantum Racing stumbles in coastal race
ISAF Sailing Worlds, Santander - Americans ready for 470 medal races
ISAF Sailing Worlds, Santander: Action ramps up with end zone in sight
Big Boat Series - It's not the size, it's the length
ISAF Sailing World Championships Santander - Double French RS:X gold
ISAF Sailing Worlds, Santander - Day 8 images by Sailing Energy
ISAF Sailing Worlds - Finn leaders emerge from shifty Santander breeze
ISAF Sailing Worlds, Santander - RS:X winner images by Barbara Sanchez
ISAF Sailing Worlds, Santander - Rio 2016 470 spots awarded
52 Super Series 2015 - Outlook looks hot for the 52 Super Series
Starboard Hatteras Wave Jam - Another early start on day 4
ISAF Sailing World - First entry leaves sailor's reputation in tatters
2014 Chicago Match Cup - Four go through to quarter finals
470 Men and Women Worlds - Champs take over leaderboard
ISAF Sailing World Champ - Buckingham finishes with career-best result
America's Cup: Oracle's Larry Ellison to step down as CEO
Classic Yacht Regatta - Sonny takes top classic prize
ISAF Sailing Worlds, Santander - Buckingham finishes with career best
ISAF Sailing Worlds, Santander - Rio 2016 RS:X spots claimed
ISAF Sailing Worlds - Leaderboards shaping up in Santander + Video
ISAF Sailing Worlds, Santander - Giles Scott continues to extend lead   
ISAF Sailing Worlds, Santander - Day 7 images by Sailing Energy   
ISAF Sailing Worlds - Laser and Radial winner images by Jesus Renedo   
ISAF Sailing Worlds, Santander - Medal Race images by Sail-World.com   
ISAF Sailing Worlds - Dutch dominate Laser and Radial in Santander   
Royal Cup Marina Ibiza - Quantum Racing more than doubles overall lead   
J/24 World Championship - Excitement builds for Newport racing   
Volvo Ocean Race - Seb Marsset joins Team Alvimedica   
Fall Seamanship training opportunities at New York Yacht Club   
Rolex Big Boat Series: More images from San Francisco - Final Day   
AWT Hatteras Wave Jam action commences on day 3   
Rolex Big Boat Series: Images from San Francisco - Final Day   
ISAF Sailing World Championships - Watch medal races live here   
Hobie 16 Open North American Championships and Pan Am Games qualifier   
ISAF Sailing World Championship - Videos from Santander   
ISAF Sailing Worlds: Buckingham into Medal Race, 470's stay consistent   
470 Men and Women Worlds - Vadlau and Ogar into pole position   
2014 Chicago Match Cup - Defending champion on top   
ISAF Sailing Worlds, Santander - Strong competition for RS:X fleets   
ISAF Sailing Worlds, Santander - Big breeze on day 6 + 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