Browsing the "America’s Cup" Tag

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ETNZ defends position

June 11th, 2013

(June 10, 2013) – Late Monday, Emirates Team New Zealand managing director Grant Dalton replied to Artemis Racing’s statement distributed earlier in the day regarding the team’s readiness to sail in the upcoming challenger series. “The joint proposal put forth by Luna Rossa and Emirates Team New Zealand of starting the Louis Vuitton Cup later


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Main Sail Lowered on America’s Cup Expectations

June 11th, 2013

Even without a fatal accident casting shadows across their bow, America’s Cup would have had a hard time meeting their promised $1.4 billion in regional economic benefit. San Francisco has officially lowered its sights for the world-renowned regatta, now expected to generate just $900 million toward the local economy, reports the SF Public Press. The


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AC34: No Love in the Neighborhood

June 10th, 2013

The America’s Cup is many things, but mostly technology, sailing skills, and self-interest. And as Dennis Conner is known to have said, “Bet on self-interest. It’s always running.” Amid the reality now that challenger Artemis Racing will not be ready for when the challenger trials begin July 7, there was a proposal put forth by


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A Cup of Caen: What’s an America’s Cup team?

June 10th, 2013

By Christopher Caen, HuffPost I am sitting with Jimmy Spithill, and I am giddy. I ask, “Who do you race for? Larry Ellison, Oracle Team USA, or San Francisco?” I have managed to corral Spithill, the skipper for Oracle Team USA, at a bar on Union Street, and we have headed to the back of


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AC34: Behind The Scenes

June 9th, 2013

The Kiwi and Italian America’s Cup challengers wanted to delay the regatta until mid-July (it is due to start on July 4) to give Artemis more time to catch up and to keep repetitive early scheduling to a minimum. But Artemis vetoed the mid-July proposal, meaning the regatta will go ahead on July 4 –


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America’s Cup Fundraising Lags Behind City Costs

June 8th, 2013

By John Coté, San Francisco Chronicle (June 8, 2013)  – Will San Francisco taxpayers have to foot the bill to host the America’s Cup? That’s still a possibility since the group responsible for fundraising to offset city costs has missed key benchmarks and has yet to fully pay off some of the city’s bills. Members


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America’s Cup Challenger Race Schedule Revised

June 8th, 2013

San Francisco, CA (June 7, 2013) – Artemis Racing says it is moving forward with its challenge for the America’s Cup. The team’s continued participation had been in doubt following a tragic capsize that led to the death of a crew member last month. The Swedish challenger has confirmed it is now preparing its second


Dock Talk

Alleged corruption in America’s Cup World Series events

June 7th, 2013

Naples, Italy (June 6, 2013) – Probes into suspected contract rigging for the America’s Cup events that took place in Naples in 2012 and 2013 were opened and police searched government buildings on Thursday. Investigations include the brother of the city’s mayor, Claudio de Magistris, along with the mayor’s chief of staff Attilio Auricchio, the



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