America’s Cup: Italians reduce salary

Cagliari, Italy (April 17, 2020) – America’s Cup challenger Luna Rossa Prada Pirelli team agrees to a salary reduction plan to meet the economic situation currently affecting Italy and the whole world.

Additionally, the team members also chose to donate part of this sum to support the hospitals of the Sardinia Region in their fight against Coronavirus. The total donation will be used to purchase five lung ventilators for the ATS hospitals most in need, based on the number of patients hospitalized in critical conditions.

Part of the technical staff in the Luna Rossa Prada Pirelli team was also involved in the production of protective visors to integrate the supplies already being sent to the Cagliari hospitals.

“This is our opportunity to express friendship and gratitude to all of those in the frontline of this battle who face each day with courage and commitment,” said Max Sirena, Skipper and Team Director. “I am very proud of how the team reacted; these important initiatives would not be possible without the help of everyone. We feel very close to Cagliari and Sardinia, where we have established our base with our families and feel at home.”

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 (CANCELLED)
June 4-7, 2020: Second (2/3) America’s Cup World Series event in Portsmouth, England (CANCELLED)
December 17-20: Third (3/3) America’s Cup World Series event in Auckland, New Zealand
January 15-February 22, 2021: The PRADA Cup Challenger Selection Series
March 6-15, 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