Saturday, October 04, 2008

Imminent solution to the America's Cup debacle?

It appears the end of the long and tedious legal battle that has stalled the America's Cup is not as far as most people think, in fact it could be much closer, at least according to information we received on Friday, from sources in Valencia we deem to be reliable.

According to our sources, the meeting that took place between Ernesto Bertarelli and Larry Ellison in San Francisco a week ago was much more than "cordial" or "positive" (two words used by the two teams in their press releases). It appears the two billionaires had more than a simple talk and probably set the foundations for a possible deal which could be formalized before the end of October or during the first week of November.

In fact, always according to the same source, the two men will meet once again during the Friuli Venezia Giulia RC 44 Cup that starts on Tuesday in the Italian city of Trieste. Even if the deal is not finalized there, an important step forward might be taken. BMW Oracle will become the Challenger of Record CNEV will remain the Challenger of Record with a Protocol quite similar to that of the 32nd America's Cup. The Cup will be raced on monohulls, less than 90 feet long, in Valencia, in 2010 or 2011.

We just hope this isn't another of the false alarms we've had in the last 13 months.

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5 Comments:

At 9:05 AM, Blogger folkenbolt said...

Will this be the end of this boring story?
For the good of the America's Cup I hope so!
But what happened to the right reasons og the GGYC complainings?
Simple .... they've been again buried by MONEY!

 
At 3:56 PM, Anonymous Anonymous said...

This is the end: They agree for a 2011 cup listening a little to the actual challengers, with a decent protocol and in a recycled AC90 format in a two boat campaign. This is to happen soon so that LV Pacific Series does not gets so much attention and they (AG+BOR) stay as the only primadonas around. Now it is just a matter of making it look good for the two of them after all this time. The Major of Valencia is being a little to patient with these two...

 
At 4:31 PM, Anonymous Anonymous said...

I don't think so. BMW always asked for the same rules that governed the 32nd AC. If everything goes back to the way it was then, it would be like starting after July 2007... as it should have been. Money, money, there is always money.

ppmm

 
At 3:01 PM, Anonymous Anonymous said...

As long as Russ is in the game, EB will NEVER agree to a fair Protocol like the one we had in 2007. all he wants is to keep the Cup forever and to squeeze as much money out of it as he can. so he needs a protocoll that guarantees him every power to get the outcome he wants. we all should pray for a DoG match. the alternative is a ridiculous bertarelli memorial cup....

 
At 7:34 AM, Anonymous Lucio Pascarelli said...

SNG’s attempts to highjack the Americas Cup are so un-Swiss.
Although an Italian, I now live in Geneva, and have learned to respect the moral and ethical strength by which Switzerland fights for world-wide fairness – evident in their incredible support for United Nations bodies and numerous Non-Governmental Organizations.
ACM and the AC-33 protocol are a SCAM !!!. They are an evident attempt to turn the Americas Cup into something like Formula One, with Bertarelli in the part of Bernie Ecclestone.
As an Italian (and a Roman), I can easily read into the centuries-old arrogant greed for power of individuals like Bertarelli. I think he will turn Alinghi into a disgrace for the Swiss…
I hope Alinghi loose the lawsuit with GGYC. Not because I like BMW-Oracle – I am, and will always be a Luna Rossa Fan – but because I love the Americas Cup, and want Cup back into the hands of someone who will respect the Deed-Of-Gift

 

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