America’s Cup: Dutch seek funding help

Published on March 24th, 2019

The Dutch America’s Cup challenge DutchSail has resorted to crowdfunding for their campaign, seeking contributions of €100 per month for the next two years to get them to the start line for Auckland 2021. Skipper and syndicate CEO Simeon Tienpont says the money won’t be touched and will be repaid if they can’t get past an April 1 deadline when they must pay part of their US$1m late entry fee. They are required to submit US$250,000 with the remaining US$750,000 by October 1. There is also an US$1m guarantee required by April 30. Full report.

In addition to Challenges from Italy, USA, and Great Britain that were accepted during the initial entry period (January 1 to June 30, 2018), eight additional Notices of Challenge were received by the late entry deadline on November 30, 2018. Of those eight submittals, entries from Malta, USA, and The Netherlands have also been accepted. Here’s the current list:

Defender:
• Emirates Team New Zealand (NZL)

Challengers:
• Luna Rossa (ITA) – Challenger of Record
• American Magic (USA)
• INEOS Team UK (GBR)
• Malta Altus Challenge (MLT)
• Stars & Stripes Team USA (USA)
• DUTCHSAIL (NED)

Key America’s Cup dates:
✔ September 28, 2017: 36th America’s Cup Protocol released
✔ November 30, 2017: AC75 Class concepts released to key stakeholders
✔ January 1, 2018: Entries for Challengers open
✔ March 31, 2018: AC75 Class Rule published
✔ June 30, 2018: Entries for Challengers close
✔ August 31, 2018: Location of the America’s Cup Match and The PRADA Cup confirmed
✔ August 31, 2018: Specific race course area confirmed
✔ November 30, 2018: Late entries deadline
March 31, 2019: Boat 1 can be launched
2nd half of 2019: 2 x America’s Cup World Series Preliminary Events
February 1, 2020: Boat 2 can be launched
During 2020: 3 x America’s Cup World Series Preliminary Events
December 10-20, 2020: America’s Cup Christmas Race
January and February 2021: The PRADA Cup Challenger Selection Series
March 2021: The America’s Cup Match

Details: www.americascup.com