AC Limbo: Should I stay or should I go?

The postponement of the America’s Cup World Series in Italy on April 23-26 has left America’s Cup challenger American Magic (USA) in limbo.

From their winter base in Florida, their AC75 DEFIANT was packed up and ready for transport, as they were fully prepared to participate in the first competition of the 36th America’s Cup as required by the Protocol.

For their next move, the team had this to say on March 14, 2020:

“We have noted the independent statements made by Emirates Team New Zealand and COR36 in recent days, and as a Challenger have nothing further to add at this time. We await an official updated event schedule from the Challenger of Record and the Defender and will revise our plans accordingly once that is made available.”

36th America’s Cup
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 were also accepted. Here’s the 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) – WITHDRAW
• Stars + Stripes Team USA (USA)
• DutchSail (NED) – WITHDRAW

Of the three late entries, only Stars+Stripes USA remains committed, but they still must complete the entry fee payment process before they will be eligible to race. They have allegedly made their initial payment but as a late entry challenger under the Protocol, they also have a liability to pay a US$1million late entry fee due in installments by October 1, 2019. However, it is not yet confirmed if they have paid the fee, nor is there any knowledge of a boat being actively built or sailing team training.

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 (DELAYED)
✔ 2nd half of 2019: 2 x America’s Cup World Series events (CANCELLED)
October 1, 2019: US$1million late entry fee deadline (NOT KNOWN)
February 1, 2020: Boat 2 can be launched (DELAYED)
April 23-26, 2020: First (1/3) America’s Cup World Series event in Cagliari, Sardinia (POSTPONED)
June 4-7, 2020 – Second (2/3) America’s Cup World Series event in Portsmouth, England
December 17-20 – Third (3/3) America’s Cup World Series event in Auckland, New Zealand
January and February 2021: The PRADA Cup Challenger Selection Series
March 2021: The America’s Cup Match

AC75 launch dates:
September 6 – Emirates Team New Zealand (NZL), Boat 1
September 10 – American Magic (USA), Boat 1; actual launch date earlier but not released
October 2 – Luna Rossa (ITA), Boat 1
October 4 – INEOS Team UK (GBR), Boat 1

Details: www.americascup.com