Circolo Vela Gargnano sends GGYC yet another letter
Golden Gate Yacht Club
1 Yacht Road
San Francisco, California 94123
“Dear Commodore Young,
I am writing further to our latest correspondence.
We understand that GGYC has again requested the Court to address the issue of Alinghi’s compliance to the rules of the Deed of Gift.
Although we do regret that the America’s Cup future seems to be once again dependent on a legal dispute, we remain confident that, in your fiduciary role as the Challenge of Record, you will commit to go back in the water to return the America’s Cup to its original intent.
You have actually greatly contributed as a Challenger of Record to the 32nd Americas’ Cup to as to make that event the milestone in the history of the competition and you have subsequently consistently committed the GGYC to be open to a multi challenge event.
In the light of the above we wish once again to bring your attention to our request to take part to a Challengers’ Selection Series in relation to 33rd America’s Cup, as we have already indicated in our letters of May 22 and May 27, 2009.
All the conditions and pre-requisites which you have indicated, have now actually been duly filled and occurred, and from the lack of your reply, we can only reasonably assume that you share this opinion.
We do therefore expect you to follow up with your previous statements in favour of a multi challenge event (statements that have also been repeated in Court at the hearing of May 14, 2009) and proceed accordingly without any further delay.
As I am sure, you will appreciate we have already been uselessly waiting for more than two months to engage in a formal discussion with you and we have even made ourselves available to travel to the Bay area to meet you at your convenience.
The present standstill has already created a status of uncertainty and the more time elapses without action on your side, the more difficult it will make it for us to build up a truly competitive challenge.
Therefore we wish formally to request you once again to meet without further delay and to start working on a Challengers’ Selection Series project. On this regard we wish to let you know that Francesco De Leo, Executive Chairman of Green Comm Challenge, will be in the West Coast from July 26th through August 27th.
As a matter of fact, we expect that on July 21, when attending the Court hearing, you will be addressing this issue as well, while sorting out your position vis-à-vis Société Nautique de Genève (to whom we are sending copy of this letter for their information).
We look forward to receiving your kind reply.
Circolo Vela Gargnano”