Monday, December 01, 2008

Mascalzone Latino withdraws from the Louis Vuitton Pacific Series

Dear friends and supporters,

It is with deep regret that I inform you to have withdrawn the entry of our team from the next Louis Vuitton Pacific Series.

This decision is the result of a lengthy deliberation, and it doesn’t reflect my wish. It is due to the difficult international economic situation which is making nearly impossible to find sponsors that would cover, even partially, the operational costs for a participation aiming a good performance.

Further, making a low level’s participation to the Auckland regatta would mortify our aspirations for an event which deserves the maximum standard in terms of sport and organization.

My great sorrow in giving up is mostly for Louis Vuitton which is , in my opinion, the only depositary of the Cup's tradition and dignity.

For this reason, I wish “good wind” to this event and to all participants and I hope its promoters will keep on with their dedication into our sport with the same passion they always had.

On our part, while waiting for the America’s Cup to find a reasonable and viable way to be pursued, Mascalzone Latino confirms its participation into 2009 Farr 40 Class regatta.

Vincenzo Onorato

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At 1:13 PM, Anonymous Anonymous said...

You should have paid your taxes in NZ.

At 1:56 PM, Anonymous Anonymous said...

You can't find money to cover costs for 17 guys for 2 weeks, but find money to pay your lawyers in New York to entertain the mess!

Onorato, move on!... and out of the Cup!

At 12:59 AM, Anonymous Anonymous said...

So when you left NZ after the 2003 campaign you failed to pay the NZ taxes? Is that why the NZ government doesn't allow you back there?
You became "persona non grata" in NZ territory. And you're becoming "persona non grata" in the 33rd Cup.

Thank's for trying your best in making the Cup a "fair" event...

At 12:38 PM, Anonymous Anonymous said...

If what anonymous is saying is true i think Mascalzone should admit this and keep their own house clean before they get into bed with oracle again.


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