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Posts Tagged ‘bermuda’

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The Bermuda Sun didn’t take kindly to our analysis of potential AC35 venues last week, devoting half a page of text to Sailing Anarchy’s ‘naiveté’ in criticizing the tiny island as an America’s Cup venue.  The Sun’s confidence comes in part thanks to a single source they cite; a retired sailing coach named Paul Doughty, the Bermuda media’s go-to guy for quotes.  ”Sailing Anarchy…have no idea what this tiny island gave the sailing world,” said Doughty.

173316We do, in fact, know what Bermuda gave the sailing world, Mr. Doughty.  But your island’s 17th century contribution to upwind sailing has precisely fuck-all to do with the logic of holding an AC in Bermuda, especially one held by a US-based team.  Doughty says “I think it would be a tremendous shot in the arm for Bermuda…In terms of world exposure, it’s massive. Every single yacht club in Europe would see us and the incredible place that we sail in.”

You know what, coach?  It would be incredible for the economy of, say, Haiti, if FIA decided to hold a Formula One race there.  The whole world would see how pretty it is – imagine the world exposure!  But it’s still a stupid fucking idea.

So listen up, all you dicks in those stupid shorts and socks: Sailing Anarchy likes Bermuda just fine.  It’s a pretty island with good sailing conditions (once you get there, at least!) and a great lagoon.  But it’s also got a British culinary culture, some of the most over-priced goods anywhere, and is right in Hurricane Alley.  And with just 60,000 inhabitants, a Bermuda AC would be a luxurious but very, very quiet affair – perfect for Louis Vuitton to get back on the scene, anyway.

More importantly, if Bermuda is picked as a Cup venue, it will be an outright admission by the folks running the AC of something that we already know, and an indicator of something far worse: Larry Ellison and Russell Coutts’ stated mission before AC34 – transforming the Cup into a worldwide brand with sustainable commercial appeal to a worldwide audience – has failed.  Choosing a major US city might mean Coutts is giving it another try, but a Bermuda Cup would mean that they’ve all given up, and that the AC is, indeed, solely for the super rich.  And of course, for 60,000 Bermudans.  For everyone else, there’s Youtube.

What were we saying about Chicago again?

Argue venue over here.

 

June 25th, 2014 by admin

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coneySan Francisco’s demands to host the 35th America’s Cup proved too much for Russell Coutts, who sent a letter to Mayor Ed Lee this morning.

“”Given the tight timeline and demands from prospective teams to confirm the final venue, it has been necessary to continue reducing the shortlist of candidate cities,” Coutts wrote. “We have therefore taken the difficult decision to no longer consider San Francisco as a possible candidate to host AC35.”

Union wages, NIMBY bitching, and the lack of concessions on fire/police services and pier restoration money don’t work with Coutts’ mission to make the Cup sustainable – a mission that depends on 8-figure venue hosting fees, tax breaks, and long term subsidies from places that see the value in offering them, and we’ve learned that Bermuda is currently throwing the biggest pot of gold at Coutts & Co as of today.

Far be it for us to criticize the business acumen of a guy who just threw spent more money on a per-spectator/per-viewer basis than anyone in the history of sport with almost nothing to show for it, but is an island nation that has lost more than a third of its hotel rooms since 1990 and that, according to most sources, has less than 10,000 beds and 4,000 rooms, a good choice to host what they called a couple of years ago, the ‘third most economically valuable sporting event in the world?’  Remember, this is an island where literally everything needs to be flown in from elsewhere, and it has one of the highest costs of living on Earth.

Maybe Russell is on to something here; after all, the only Bermudian industry bigger than tourism is tax avoidance and international banking; specifically, Bermuda is one of the world’s top tax havens for businesses, and a great place to register your multi-million dollar yacht or plane.  Did Coutts finally come to the decision that millions of poor, downtrodden masses will never make the Cup pay?  Can the Cup reach commercial nirvana by catering only to the kind of ultra-rich folks who own super yachts and can write off million-dollar trips to schmooze in VIP tents in Bermuda?  It worked for Louis Vouitton – well, at least until Coutts’ last big plan chased them out of the game…

Or is Coutts just completely out of his mind?

 

June 11th, 2014 by admin

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As Russell Coutts continues his efforts to become the Bernie Ecclestone of the America’s Cup, another Bernie learned yesterday that San Francisco is most likely OUT of consideration for AC35.  You’d think the new buzzwords of sustainability and commercial viability might argue for Northern California staying part of the AC, but apparently, they’re just too big a pain in the ass for Coutts; in a truly bizarre twist, an island in the middle of the Atlantic is now thought to be at the head of the list, thanks to government subsidies, tax breaks, and time zones, while San Diego and Chicago remain in the hunt, with the SoCal gem a marginal, haven’t-we-been-here-before option, thanks to the kelp, light air, and the fact that the racing will either be so far south offshore that it will be in Mexico or so far west that it might as well be in Hawaii, except it isn’t. It is equally retarded to think that the Midwest option is probably the best possible one, all things considered.

A Bermuda choice would be a major admission that huge crowds aren’t that important to the ‘commercial cup’, nor does any connection to America matter beyond the 25% nationality requirement or the name of the defending team or the competition itself.  More irony in an AC35 that’s overflowing with the stuff.

 

June 10th, 2014 by admin

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