Sports

Let the F1 of yacht races begin

by 98dmalcolm | December 16, 2009 at 04:40 pm

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The Americas Cup is probably on of the longest running technological fights between man and machine. Pre-dating the first motor car race as announced by Chicago Times-Herald in 1895 the first Cup challenge was in 1851. The Cup has always featured the most cutting edge and expensive boats backed by some of the richest people in the world pitching their crews against each other.

The last race was in 2007 and since then there has been an ongoing legal battle between Pharma Billionaire Ernesto Bertarelli the current holder of the cup and CEO of Oracle Larry Ellison. The ‘Deed of gift’ which was formed in New York hence why the New York Supreme court was involved finally ruled in favour of

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Amy Judd

at 16:52 on December 16th, 2009

Do you have any original commentary you can add to your story?

98dmalcolm

at 03:07 on December 17th, 2009

“It’s not a game about who comes up with the fanciest toys -- you’ve still got to win a boat race,” Kramers said. “You can shoot yourself in the foot quite easily. You can make it too light and have something break on you, or you come up with something so complex you don’t know how to sail it. So there’s a certain amount of restraint involved, too.”http://www.bloomberg.com/apps/news?pid=20601079&sid=ax0eaz.VV1_Q