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Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #273985
07/17/14 11:00 AM
07/17/14 11:00 AM
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Just reminds me that even though I can't sail, I'm one fine specimen of man meat. Hahahahahaha

You can't type that with a straight face.


I'm boatless.
-- Have You Seen This? --
Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #273986
07/17/14 12:28 PM
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LMFAO. Don't watch this one Mike.


Philip
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Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274018
07/18/14 06:25 PM
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SA is reporting that Team Australia is dropping out of the Acup. They are the challenger of record which would make the protocol invalid. Something about having no dates or venue set makes it impossible to prepare for.

We'll see if its true...

Bad news on the horizon...

Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274019
07/18/14 06:34 PM
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Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274020
07/18/14 06:36 PM
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I find it oddly convenient that the NZ Herald is announcing their departure over complaints that ETNZ have been squawking about for some time.

Re: AC72 Oracle Team USA Spaceship has landed [Re: ThunderMuffin] #274021
07/18/14 06:52 PM
07/18/14 06:52 PM
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Originally Posted by Undecided
I find it oddly convenient that the NZ Herald is announcing their departure over complaints that ETNZ have been squawking about for some time.


It was an article that basically says "rumor has it...". I'm not investing too much belief in this just yet. Besides that, the Australian team is led by a rich cat so they're not as dependent on sponsorship so it doesn't completely make sense.


Jake Kohl
Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274023
07/18/14 07:52 PM
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Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274031
07/19/14 11:13 AM
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Originally Posted by P.M.


Wow. That throws a real wrench into things. I don't see how they can repeat the last iteration and pick a new challenger again and end up with more than four teams, again.


Jake Kohl
Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274034
07/19/14 03:10 PM
07/19/14 03:10 PM
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Look for BAR to be CoR.


"I said, now, I said ,pay attention boy!"

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If a man is to be obsessed by something.... I suppose a boat is as good as anything... perhaps a bit better than most.
E. B. White
Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274035
07/19/14 03:32 PM
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Isn't there some rule about the CoR defaulting to the next in line (in order of when they challenged/registered)? If so, does anyone know the official order of challengers?

Mike

Re: AC72 Oracle Team USA Spaceship has landed [Re: brucat] #274036
07/19/14 03:35 PM
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Originally Posted by brucat
Isn't there some rule about the CoR defaulting to the next in line (in order of when they challenged/registered)? If so, does anyone know the official order of challengers?

Mike


Yes, and no, I don't know who was second.


Jake Kohl
Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274039
07/19/14 06:57 PM
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Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274058
07/21/14 02:53 PM
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Ok, so I read this at Yachting World. They start to discuss how the next challenger of record is up in the air. Two teams have officially met the entry requirement under the existing protocol and Luna Rossa was the first of those teams. However, they discuss how the issue is that, under the current protocol, there isn't technically an event unless they have three official additional challengers and that Luna Rossa couldn't fulfill this roll unless another team anted up.

I'm not sure this is technically correct, however. The event is ultimately ruled by the Deed of Gift (DoG) and it specifies what needs to be done in order for someone to become the Challenger of Record (CoR). I would imagine that if the initial CoR drops out, anything negotiated between the Defender and the initial CoR would essentially be rubbish and whoever the next person to have lodged an official challenge would be next irrespective of the previously agreed to protocol. I haven't read the DoG in a while, but I'm quite sure it stipulates that the challenges are valid in the order they are received by the Defender.

Assuming that someone has already done that, it is then up to the Defender and the new CoR whether or not to use the existing protocol would be put back in place...so it shouldn't matter who the list of challengers are that meet the provisions in the protocol that was hammered out with Australia. It only matters who was the second team to officially challenge by the terms laid out in the DoG...and those don't require any down payment.

I would be surprised if other teams didn't officially challenge immediately after the finish of the last event "just in case"....or, maybe not? I imagine we would have heard them proclaim something if that were the case.


Jake Kohl
Re: AC72 Oracle Team USA Spaceship has landed [Re: Jake] #274059
07/21/14 03:45 PM
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Further to that, I did read at Sailing Scuttlebutt (sorry, no link) that the current protocol has a provision that if the CoR was eliminated, the next challenger would become CoR. So...I guess it's down to the fine print if "quit" qualifies as "eliminated".

That article also alluded that Sir Russel wanted Artemis to be the CoR but that Ellison chose Australia (not that that every officially happens since the Defender doesn't officially "choose" a challenger...but some VIP regularly just happens to be on the observation boat with the new Defender the second their boat wins the event to become the CoR).



Jake Kohl
Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274060
07/21/14 04:19 PM
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That basically sums it up, I think. But seeing as how Mascalzone Latino was the CoR last time and bailed, I'd be pretty shocked if they didn't have a plan ready for at least one such oopsie this time.

The CoR is never left to chance (as mentioned above). Makes no sense to take that risk with the backup.

Mike

Re: AC72 Oracle Team USA Spaceship has landed [Re: brucat] #274066
07/21/14 09:35 PM
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From Latitude 38

35th America's Cup In Full Tumult

July 21, 2014 – Hamilton Island, Los Angeles & Auckland

Last week wasn't a tranquil one for the 35th America's Cup — assuming there will be such a thing as scheduled in 2017.

It started the weekend before last, when the Hamilton Island YC of Australia, the Challenger of Record, called a summit of all the interested potential syndicates. Representatives of Italy, New Zealand, Australia, France and Sweden attended. Not wanting to be left out, representatives from the Oracle team asked to be invited, and were permitted to attend. The current America's Cup state of affairs was discussed and grievances aired.

We're told the challengers expressed their views on the list of venues having been whittled down to Bermuda and San Diego by doing a group karaoke version of Tony Bennett's 'I Left My Heart in San Francisco'. Just as there famously is "no second" in the America's Cup, there apparently is no second to San Francisco when it comes to America's Cup venues. Several syndicates went so far as to say they couldn't give two hoots about pink sand beaches, if Bermuda was selected as the site of the Finals, they wouldn't be participating. "At least it's in California," seemed the highest praise that could be generated for San Diego, famous for light-air sailing.

That's not all the challengers groused about. There is also the fact that the deadline for entries is just three weeks away, while it will be months before the venue for the Finals is announced. Were the challengers whining or could it really be difficult to attract multimillion-dollar sponsors if nobody knows where the Finals will be held? We suspect the challengers might have a point.

But the big bomb landed on Saturday, when Bob Oatley, the wine tycoon who owns the Hamilton YC and was putting up the dough for the Team Australia Challenge, dropped out. "The challenge was initiated with a view to negotiating a format for the 35th America's Cup that was affordable and put the emphasis back on sailing skills," he said. "Ultimately our estimate of the costs of competing were well beyond our initial expectation and our ability to make the formula of our investment and other commercial support add up. We are bitterly disappointed that this emerging team of fine young Australian sailors will not be able to compete at the next America's Cup under our banner."

Ben Ainslie reacted by saying this isn't the first time a Challenger of Record had dropped out of an America's Cup, nothing to see here, move along folks. Ben is hardly an unbiased observer. After all, he was navigator for Oracle Team USA during their stirring comeback in the last Cup, so he can be seen as all but a member of their camp. Even more importantly, he'd recently announced that he'd formed his own British America's Cup team, one that will be getting considerable sponsorship from the government. While heading an America's Cup campaign isn't always the path to riches and high society, it often has been. Have you seen the photo of Sir Ben and Duchess of Cambridge Kate Middleton? We hope Prince William hasn't. If the 35th America's Cup flounders, Sir Ben could be a big loser.

[Linked Image]

What was even more shocking was the discord that started erupting in New Zealand. It started when Emirates Team New Zealand syndicate head Grant Dalton told the Kiwi government that although the Kiwi team's long-term financial situation was in excellent shape, they needed $5 million from the government by the end of the month to keep the team from going bankrupt. Dalton's 'poor us' claim rang as hollow as those of $250,000-per-speech Hillary 'Dead Broke' Clinton, as it was revealed Dalton has been making $2 million a year as the Kiwi syndicate head. While two mil might be what Ellison leaves as a tip when doing a late-night Taco Bell drive-through in one of his Honda NSXs, it's a lot of money in New Zealand.

While the salaries of other team members couldn't be released because of "competitive reasons" — ha, ha, ha — it was intimated that the second biggest earner on the Kiwi team, and second by a long way, was helmsman Dean Barker at a pitiful $250,000/year. Before any of you swooning gals decide to send 'Dean the Dream' any lunch money, it was also reported that both he and Dalton are rumored to be worth about $14 million. Once again, that's not chump change in New Zealand the way it is in the United States. As if to highlight how lucrative the Cup has been for him, Dalton recently took delivery of a $100,000 racing motorcycle. Previously he'd stuck to racing Camaros and other muscle cars for relaxation.

Surveys of both government representatives and the public showed that support for the Kiwi team has been faltering. Indeed, 80% of those surveyed basically said the government shouldn't put any more money into an America's Cup effort when the head honcho is getting two million a year out of it.

It seemed to be dirty-laundry week in the Land of the Long White Cloud, as Rob Waddell, "Team New Zealand's best grinder," revealed that there had been discord in the team during the last Cup Final as well. This, Waddell said, was a result of Dalton, 56, insisting that he be a grinder in nine of the first 10 races. Barker, as well as Waddell, apparently tried to discourage Dalton and wanted to have a younger and stronger grinder on the boat. It was alleged that Dalton's vanity had been the problem, as his onboard participation had supposedly been driven by Russell Coutts' taunt that Dalton was too old to crew.

[Linked Image]

What now? In a Latitude exclusive, we can report that Larry Ellison and Russell Coutts managed to convene a secret late-Sunday night meeting with San Francisco Mayor Ed Lee and members of the Board of Supervisors to plead, hat in hands, to let the Cup come back to San Francisco. "I'll pick up the tab for everything," said the fifth richest man in the world.

Just kidding about that last paragraph.


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Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274083
07/22/14 03:59 PM
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Good article. I tend to agree with a lot of the points that Gladwell has made.

Gladwell's Line: A change of direction needed in the America's Cup


Philip
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Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274084
07/22/14 04:07 PM
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Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274091
07/22/14 07:40 PM
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Originally Posted by P.M.
Good article. I tend to agree with a lot of the points that Gladwell has made.

Gladwell's Line: A change of direction needed in the America's Cup


Some great points. Going back to my post above, it's shocking to me that LR was allowed to be in this position, particularly after everything that went down in the last event.

I'd be stunned if Oracle changes the protocol much through negotiations alone...

Mike

Re: AC72 Oracle Team USA Spaceship has landed [Re: P.M.] #274094
07/23/14 02:14 AM
07/23/14 02:14 AM
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I don't think the order of entering as a challenger is relevant, its about the order of the payment received (that's what happened last time anyway).

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