Please select your home edition
Edition
Clipper Ventures

America's Cup: Doubt over Malta Challenge continuance in Cup

by America's Cup media 14 Mar 16:21 PDT
Grant Dalton, CEO Emirates Team New Zealand, Peter Burling, Helmsman Emirates Team New Zealand, Max Sirena, skipper Luna Rossa, Sir Ben Ainslie, skipper INEOS Team UK, Terry Hutchinson, skipper American Magic with the America's Cup in its new case © Carlo Borlenghi

The Americas Cup Arbitration Panel decision finding all three Late Entry challenges to be valid has been released today.

The Challenger of Record and the Defender had already reached a settlement agreement under which the validity of the Challenges was accepted and issued a Protocol amendment allowing for the Late Entry to be paid by deferred instalments. However, despite this collaborative agreement, the New York Yacht Club elected to continue to pursue the case. This anti-competitive action has caused further delays and uncertainty for the teams and frustrated the Challenger of Record and the Defender who have been working together in the best interests of the event.

As a result of the delay there are now concerns as to the likelihood of the Maltese Malta Altus Challenge being able to continue. However, the Challenger of Record and the Defender continue to work with DutchSail and Stars & Stripes to enable them to make the start line in Auckland in 2021.

The Panel also found that the payment of entry fees is a condition to their being able to race in the Americas Cup not a condition of their being an accepted Challenger meaning that Entry fees have only to be paid before the first race of the competition.

Related Articles

Am Cup: Video on first World Series event
Promotional video posted by America's Cup on Cagliari, Sardinia as the first venue the ACWS Promotional video posted by America's Cup on Cagliari, Sardinia as the first venue for the America's Cup World Series for 2020 - but no date on the event, which is tipped for April 2020 Posted on 25 Mar
America's Cup: DutchSail seeks public support
America's Cup Challenger, DutchSail has announced a crowdfunding campaign to supplement other fund America's Cup Challenger, DutchSail has announced a crowdfunding campaign to supplement other fundraising and sponsorship. The team have gone to Dutch individuals and corporates looking for a promise of 100 euros per month for 24 months. Posted on 23 Mar
Sail Racing International on board with ETNZ
Emirates Team New Zealand have taken delivery of their new kit for the 36th America's Cup. In another step down the timeline to the 36th America's Cup, Emirates Team New Zealand have taken delivery of their new kit for the 36th America's Cup. The new team kit is by Sail Racing International Posted on 21 Mar
America's Cup: NYYC team dry lapping in Florida
American Magic confirmed this week that it is sailing “dry laps” at its winter base in Florida Top America's Cup correspondent, Bernie Wilson spoke with NYYC American Magic skipper and CEO, Terry Hutchinson to get an update on the team's progress at their Florida winter base. Posted on 19 Mar
Yachting NZ speaks out on superyacht gouging
Yachting New Zealand have joined the growing opposition to a proposal to impose high anchorage fees Yachting New Zealand have joined the growing opposition to a proposal to impose high anchorage fees on superyachts intending to visit for the 2021 Amercia's Cup. Posted on 14 Mar
Am Cup Defenders react to new superyacht fees
The NZ Marine Industry, supported by Emirates Team NZ has spoken out strongly about proposed charges The NZ Marine Industry, supported by Emirates Team New Zealand has spoken out strongly about proposals to introduce an "Anchoring Tax" for visiting superyachts to the 36th America's Cup in Auckland. Posted on 14 Mar
Lion New Zealand returns after $1million refit
Lion New Zealand is safely back in the water after completing a major million-dollar refit Nearly two years after her arrival at Yachting Developments in May 2017, Lion New Zealand is safely back in the water after completing a major million-dollar refit at the yard. You or your club/organisation can help to defray the outstanding refit cost. Posted on 13 Mar
Kiwibank signs up with Emirates Team New Zealand
Emirates Team New Zealand is teaming up with Kiwibank in the lead up to the 36th America's Cup Emirates Team New Zealand is teaming up with Kiwibank in the lead up to the 36th America's Cup, to be held in Auckland in 2021. “We are proud to be banking with a New Zealand-owned bank that has Kiwis at its heart,” says ETNZ's Grant Dalton. Posted on 12 Mar
Replay of Sailing Illustrated's Cupdate - March 8
Covering the Late Challenges settlement, Am Cup bases, Who's ahead, and more On "Friday with TFE" Tom Ehman talks with Sail-World's NZ Editor Richard Gladwell looking at the current issues of the America's Cup - who's the leading Challenger, the Entry Fee settlement and a look at base construction in Auckland - plus images. Posted on 10 Mar
America's Cup base development on target
Work is well underway on several fronts with the development of America's Cup bases in Auckland. Confirmation of final team numbers along with some redesign of features and facilities have moved the project to the point where it is expected to meet its budgeted costs and delivery deadlines. Posted on 8 Mar
Gul 2018 October - Code Zero FOOTERVaikobi 2019 - Footer 1Melges 14 2019 Footer