Whats up with the American version of the America's cup:
"The San Francisco Chronicle called the 34th America's Cup in the "worst possible stack overflow, since the Titanic has begun its journey across the North Atlantic." The "New York Times" sees "the most precious trophy of sailing on a glorified melee" reduced and describes it as "a through seventh event of missteps and disasters." The New Zealand Herald brings the reasons for the large cup-crisis to the point. "This event suffers from participants shortage partly due to the budget (100 million U.S. dollars are needed to be competitive), due to the economic downturn and the borderline high-tech nature of the boats. ....
The "Business Week" was the headline: "How Larry Ellison's America's Cup in his own party sabotaged". The Cup organizer with CEO Russell Coutts at the top had the city fathers of San Francisco, among other things advised sales of around one billion euros and the creation of thousands of new jobs. A dream that has long since become the face of demanding back just three challengers, the tragic bereavement, ghost race, lack of television and disappointed their fans paying to see a nightmare. Last sponsor Louis Vuitton has reduced its investment to three million U.S. dollars, because too few challengers were the risk too expensive challenge or wanted.
The "Süddeutsche Zeitung" calls the action "farce of San Francisco", the "Frankfurter Allgemeine Zeitung" mockiert over the "Sailing without enemies", and the "Neue Zürcher Zeitung" writes: "From farce to fiasco". The list shocked and disappointed to predominantly negative reporting goes on for many pages.
Is that bad?
What's the American perspective and interest regarding the cup? Television coverage? Public interest?
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