General America's Cup Stories In The News
America's Cup: Racing to the Future
There is no clause covering air rights in the rules of ocean racing, but they may have to rewrite the rule book.
If the America’s Cup has not yet seen one yacht deliberately fly a hull over another, that’s only because until recently America’s Cup racers were monohull yachts loaded down with lead ballast. That all changed when Larry Ellison and Swiss pharmaceuticals heir Ernesto Bertarelli fought out the last America’s Cup in giant multihulls off the coast of Valencia, Spain in February 2010. Ellison won that match, 2–0, and the Cup—the boats—will never be the same. Read more »
America’s Cup gets big legal boost from Obama
President Barack Obama has handed America’s Cup planners a big win.
The president signed into law the America’s Cup Act of 2011, a piece of legislation waiving certain laws that prohibit foreign vessels from operating in American waters.
The law was needed, according to backer U.S. Sen. Dianne Feinstein, because portions of the Jones Act and the Passenger Vessel Services Act would interfere with the America’s Cup competition. Those pieces of law dictate what kind of boats can transfer people and goods along American shores. Read more »
America’s Cup CEO is out amid management shakeup
The America’s Cup has undergone a shakeup of top management.
Craig Thompson, CEO of the America’s Cup business arm, has left the organization.
Thompson’s job will be taken over by Richard Worth, chairman of the America’s Cup Event Authority, which oversees the commercial side of the 34th America’s Cup to be held in San Francisco in 2013. Read more »
America's Cup sets sail for San Diego
Detractors may argue that watching sailboats race is about as exciting as watching grass grow, but San Diego - famous for its salubrious climate and consistent breezes - plans to prove them wrong during the America's Cup World Series this month. Read more »
America's Cup changes considered
Changes to the format of the America’s Cup preliminary events are being considered in San Francisco by the holder, Larry Ellison’s Oracle Racing Team, the sponsoring Golden Gate Yacht Club and the organisation they have set up to arrange regattas over the next 48 months, the America’s Cup Event Authority (ACEA).
Already having had to hold up the announcement about which of the 14 challenges received for America’s Cup 34 can meet the qualification and financial requirements, ACEA, in conjunction with its sister organisation, America’s Cup Event Management ACEM), has seen timetables slip as a search continues for the venues to host the 2011-12 America’s Cup World Series (ACWS). Read more »
