I had posted this post on the thread about 2010 America cup. I will continue here, sice we are talking about the 2013 edition:
Originally Posted by PCP
It is not official but I have heard that the next cup will be raced on big cats (77ft) with a fixed wing.
I don't mind the cats, but I am affraid that the budget to build and race those machines would be so big that most of the teams would have no means to compete.
Well, its is official now. The Cup is going to be raced on big and expensive cats with a fixed wing (72ft boat with a 130ft mast).
But they have promised a level playing field:
"Russell Coutts and Larry Ellison [head of BMW Oracle] promised Challengers a level playing field - giving teams a fair chance of winning; neutral event management and cost containment."
Well, it seems that it was not only me that had doubts about that fixed wing, costs and ability to compete at equal terms. I have said that I was afraid that the budget to build and race those machines would be too big for most of the teams to compete in equal terms.
It seems I was right. One of the main contenders, the British (Teamorigin) just pulled out from the next cup. They say:
Britain is pulling out of one of the pinnacle events in world yacht racing, the America’s Cup:
"A shortage of both cash and time have persuaded the boss of Team Origin, Sir Keith Mills, to abandon hopes of challenging the current holder, the San Francisco-based BMW-Oracle, in 2013.... I am bitterly disappointed that we will not be competing. The format and timetable decided by the defender is simply not viable.” ...
It is believed that, apart from the Italian challenger of record, Vincenzo Onorato’s Mascalzone Latino, the Swedish Artemis team and Team New Zealand, many other potential challengers have been daunted.
Simmer recently told The Independent that he thought the budget needed to win was well in excess of £100m "
Team Origin pull out of America's Cup - Sailing, More Sports - The Independent