NZ Herald: BMW Oracle withdraws from LV Trophy Auckland
Update: We contacted BMW Oracle and it was confirmed that the team will not participate in the Louis Vuitton Trophy in Auckland in order to be "100 percent focused on the 33 America's Cup". BMW Oracle will compete in the remaining Louis Vuitton regattas planned for 2010 and "continues its commitment to and support of the Louis Vuitton Trophy regattas and the World Sailing Teams Association (WSTA)".
[Source: NZ Herald] BMW Oracle have withdrawn from the Auckland regatta of the Louis Vuitton Trophy in March.
The news will come as a blow, as BMW Oracle are one of the founding forces behind the Louis Vuitton regatta that so successfully launched in Auckland last summer and which spawned a world series.
That opened in Nice in November and will be followed by Auckland in March, La Maddelena in Sardinia in May and then a Middle Eastern venue in November 2010 (to be named next month). Hong Kong has been mooted as the next Louis Vuitton venue, in January 2011.
BMW Oracle say they are too busy with their impending big-boat America's Cup challenge against Alinghi, now confirmed in Valencia for February 12.
Read the entire article here
Labels: BMW Oracle, Larry Ellison, Louis Vuitton Trophy, Russell Coutts
12 Comments:
As said the second hand boat race and the kiwi stop is uncool and unsexy for teams sponsors and the rest of the world - but a great business case for etnz and mr. Dalton
If the founder pulls out, it tells about the event.
The article goes much further and indicates the Nice (non-) event lost 2 millions and that ETNZ is rumoured not to have pay their particpation fee as founder voter, etc.
In two words, LVT is a failure.
Decision of BMW Oracle makes sense; who knows how long it will take until the AC33 races are over. Anybody remembers AC31 with numerous postponements for the matches between TMZ and Alinghi? Alinghi will not be in Auckland either, by the way.
What is so bad about the LVT? Chances for new teams like Azurra or the Russian Team Synergy at moderate costs. Any better AC racing only for rich kids like EB and LE?
I dont see the big deal...Its a bit like if China had pulled out of the last AC in Valencia. BOR arent that good so its not as if one of the better teams have pulled out.
As long as the good teams stay in the regatta i dont think it matters.
ETNZ and Mr. Dalton without the EB funds .... more difficult !!!
logical move, imho. it wouldn't be very wise to be distracted with the lv cup when they have an ac to win.
Yeah, they've proved numerous times now that they're terrible in the version 5 boats. Focusing on the America's Cup is a good excuse to pull their B team out of a series that highlights how terrible they are on the water.
Not unreasonable that BMWOR want to focus on the main event. This is the flaw in the series. Come the 34th AC the majority of teams will go the same route and the LV Series will be no more. It's a shame that such a strong supporter of sailing has been hood winked into creating something just to keep sailors paid whilst the Cup is in limbo, a scheme pioneered by BMWOR and ETNZ.
How many events have their pulled out of in the last 2 years;
* TP52
* VX 40
* LV Series.
This is amazing y typifies the industry. It is being being run by a group of amateurs. Russel y Co. you are good sailors so stick to it....stay out of ruining y attempting to manage a billion dollar industry.
BMWO pulled out of the Med Cup after they won the one and only event they entered. I guess they wanted to give other teams a chance.
All joking aside, it makes sense for BMWO to pull out. AC33 should be their one and only focus.
BMWO pulled out of the Med Cup after they won the one and only event they entered. I guess they wanted to give other teams a chance.
This should read...
BMWO pulled out of the Med Cup as it is the one and only event they have ever won that they have entered. I guess they pulled out so that they would not look like losers in this event as well.
12:26 PM - what has Alinghi done different that BOR since the 33rd challenge? It's pretty easy research to do.........
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