Statement from America's Cup Management

With the continued aim of organising the 33rd America’s Cup for 2009 in Valencia with pre-regattas in 2008, a Competitors Meeting took place this morning to continue work on the Class Rule.

At the end of a constructive meeting the competitors left with a complete draft of the Class Rule and further meetings have been scheduled over the next few days in order to finalise this document and comply with the 31st October deadline for issuing the Rule.

For the competitors and AC Management this is a fundamental milestone and the focus of all our attention. As organisers of the 33rd America’s Cup we certainly welcome any other challenger to come and join the process for the last few days of Class Rules development and for the consultations on the competition and event regulations.