Join Date: Feb 2002
Location: Oceanside CA
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Re: Another America’s Cup entry destroyed
The boats and the development are just too expensive to make this event a commercially attractive one. It is possible that Artemis will have not the money to recover from the loss of a boat but even if they continue only with one boat they will not stand a chance to have the money to continue development at the same level of Oracle, not even close.
Maybe this is Larry Ellison's plan to just outspend his competitors until they can't afford to compete. It worked for Reagan.
West Wight Potter 14 "Lemon Drop"
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Last edited by jephotog; 05-11-2013 at 11:45 AM.
Reason: Can't spell