Posts Tagged ‘ETNZ’
As expected, in any breeze at all, the Bermuda America’s Cup will be sailed entirely above the water if Emirates Team New Zealand’s most recent practice is any indication. Watch the 11:30 mark of this video from AC junkie MyIslandHomeBermuda for an incredible sequence of foiling tack/foiling rounding/foiling gybe and note the stability on the Kiwi AC50; is ETNZ once again too stable for speed, or do they finally have it right?
April 24th, 2017 by admin
Will the wrapped items prove to be the Great White Hope for Team New Zealand and anyone who wants to see the America’s Cup go to a better steward than Coutts and Ellison? Or will this be the most irrelevant ‘unboxing’ in yachting history? Either way, they’re ready to go; let the practice comparisons and “I Spy” games begin!
Only time will tell, and there ain’t much left – and the recently tipped Oracle is already back on the water after just two days of downtime…
April 11th, 2017 by admin
Oracle, Softbank, and Big Ben have now all splashed their AC50s this week, but it’s the throwback bicycle grinders that has set the mainstream’s tongues wagging all over the world. Will bicycle power make the difference to help ETNZ overcome the obstacles they face in just a few months’ time, and if so, will Oracle or another team have time to catch up to a system the Kiwis have been working on for more than a year? And will Franck Cammas – well experienced with leg-powered racing yachts - uncover his own spinning class on Groupama Team France?
As the unveilings begin, we’re finding ourselves interested again. Watch the excellent launch video above for a look at New Zealand, head over here to listen to Glenn Ashby discuss the new systems with RAdioSportNZ’s D’arcy Waldegrave, and click the player below for Mr. Clean’s take on what is finally an interesting week in AC land, also with RadioSport’s Waldegrave.
The America’s Cup Anarchy forum is heating up as well…chat about any of your favorite teams right over here.
- Tags: America's Cup, america's cup world series, bermuda, cycles, ETNZ, new zealand, Oracle, softbank
February 17th, 2017 by admin
There’s a very basic reason the oldest trophy in international sport continues to attract the attention of the press, the public, and the billionaires who contest it; is the unique nature of the Deed of Gift that controls it and the immensity of the challenge that creates. A perpetual ‘Challenge Cup’, the AC Deed provides an absolute prohibition against ‘considering other challenges’ until the pending event has been decided. Combined with the clause allowing the winner to set most of the rules of the competition, the anti-consideration clause is the document’s most powerful tool preventing the whoring out of the Cup to predictable commercialized interests. When you reconcile the clause with Schuyler’s stated intent of the Cup to recognize and reward advances in sailing technology and boat design, it all makes sense – the America’s Cup is not supposed to be just another sport.
Unfortunately for Louis Vuitton, Panerai, and Russell Coutts’ bank account, these clauses mean the AC will never become a reliable, consistent sporting property, and it’s a struggle that rich sailors and their lawyers have been fighting for a century. That’s why Ernesto Bertarelli tried to change the rules – to make the Cup reliable for sponsors and the public – an idea that may have originally come from Coutts in his Alinghi days – the same Coutts who has launched the latest attempt to circumvent the Deed’s language and George Schuyler’s intent.
Along with the incredibly cheesy photo from posh Garrod’s above (where the only one who looks right is the same one with decades of multi-milllion dollar sponsorship success), AC organizers released the news yesterday of a new ‘Framework’ for the next two cycles of the America’s Cup. Said framework provides schedules, boat types, and most of the important rules for any reliable competitive sporting league, and five of the six current AC teams signed the document, presumably in the room above, and likely with a ruby-and-diamond encrusted pen. Emirates Team New Zealand notably abstained, writing on Facebook that “Emirates Team New Zealand believe the future America’s Cup format should be decided by the Defender and Challenger of Record as it has historically been.”
The ‘Framework’ is eminently sensible for a two-year-cycle sports property, allowing the ACWS to immediately start up at the end of 2017 with a 2019 and 2021 AC competition. It freezes boat designs and calls for a $30-$40M budget for competitive teams. But there is one problem with it: It is invalid and unenforceable under the terms of the Deed.
The Deed of Gift provides that “…when a challenge from a Club fulfilling all the conditions required by this instrument has been received, no other challenge can be considered until the pending event has been decided…AND the said party of the second part hereby accepts the said Cup subject to the said trust, terms and conditions, and hereby covenants and agrees to…faithfully and fully see that the foregoing conditions are fully observed and complied with…”
Under laws of the State of New York (which has jurisdiction over any AC rules interpretation and enforcement) any agreement made for a future cup would likely be invalid under the Deed’s prohibition against other challenge considerations. Remember, though, that the Deed is only enforced if someone complains, so practically, this may not mean much.
Say that LRBAR beats Oracle in Bermuda. They have two choices: They can accept a ‘hip pocket challenge’ from, say, Groupama, that perfectly reflects the Framework’s guidelines, and as long as nobody cares, they’re good. Or they could accept a completely unrelated challenge with no relationship to the Guidelines from, say, Luna Rossa. In the first instance, an outsider like Luna Rossa could sue Ben for contract breach just like Larry sued Ernesto, and under settled New York Law, the court would probably invalidate any agreement made prior to the end of the current AC. Whether they would invalidate the entire challenge is another question, but typically Courts are not sympathetic to Trustees who look to benefit from violating the terms of their Deeds of Trust. If the Challenge was invalidated, all Challenges with provisions from the Framework would be similarly invalidated, leaving whoever sued the winner as the next legitimate challenger. Bring on the 130-foot ketch super-trimarans!
Alternatively, LRBAR could make a deal with Bertelli or Dalton for a completely unrelated challenge, let’s say in big monohulls. Coutts would be pissed, but if he sued to enforce the terms of the Framework Agreement, they’d laugh him right out of the courtroom – there’s simply no way to enforce an agreement that violates the terms of the Deed on its face.
Legally, this means that the Framework is useless, so why would Coutts & Co turn it into a major item of news and publicity when Oracle’s lawyers surely know all this?
We believe the Framework came about because of the difficulty the America’s Cup has been having in getting people to pay for their series. Major TV networks have laughed at Coutts’ idea of what broadcast rights are worth, major sponsors are unwilling to step up to multi-year deals, and major venues are not going to commit to anything without some reliable information about the future of the event, and Russell and Larry have been unwilling or unable to accept that their never-ending PR and organizational screw-ups have anything to do with it. Never mind the seemingly endless stream of sponsors burned by the AC. Never mind the cash flow horror stories of venue after venue. Never mind the non-existent home audience. Never mind the fact that the ACWS has been an expensive disaster of windless venues and weak competition. Nope. To Coutts and Co, all the failures are 100% because of that damned George Schuyler and his obsolete Deed.
Will this Framework assuage the fears of the few big sponsors interested in the AC for multiple cycles? Will it entice new teams to begin preparing for the next cycle? Will it gin up the very weak support that exists for the “America’s Cup Lite” that Coutts has been gradually transforming the AC into since 2010?
It could, but only for those who don’t look into what it really means – which is precisely nothing.
January 26th, 2017 by admin
There’s a lot going on in this Emirates Team New Zealand video of the start of the Auckland-Russell Coastal Classic, and whether you’re into analyzing AC50 designs, love watching ‘old vs. new’ shots, or you just want to see one of the world’s ultimate sailing destinations in glorious HD drone shots, this short is not to be missed. And maybe there’s fodder for the “Which is better, Auckland or Newport debate” over here?
October 30th, 2016 by admin
Emirates Team New Zealand went into rebuilding mode over the last cycle, tapping the very best of their high speed sailors in the barely-out-of-nappies youngsters Pete Burling and Blair Tuke. Managing the new energy these kids bring aboard is a guy who’s very much a kid himself, despite his age and experience – Glenn Ashby.
The three sat down with Kiwi sports talk host (and longtime Dalts pal) Tony Veitch in a half-hour update on all things ETNZ and 49er Olympic team; Go to the 32nd page of the ETNZ thread in America’s Cup Anarchy to talk shit about it.
October 8th, 2015 by admin
As Ferrari finally gives Italy something to cheer for in top level racing, the fanatical Italian fans are on the verge of losing their maritime standard bearer Luna Rossa thanks to the impending vote on the new America’s Cup One-Design 48. That’s right, folks, and you heard it here first, of course: The next AC will be sailed in one-design boats – at least if Tuesday’s Challenger vote goes the way we forecast. And Emirates Team New Zealand may follow Prada right out the door, making Russell Coutts the most hated man in New Zealand for the second time, and in Italy for the first.
The SA Army has been working overtime since Coutts’ proposal reached the teams on Saturday, and we think we’ve nailed it thanks to some of our less enthusiastic friends inside (otherwise enthusiastic) teams. So meet the new boat:
-Strict one-design hull/platform, 48 feet long x 30 feet wide,
-Strict one-design wing, similar proportions as Oracle AC45T,
-Strict one-design daggerboard location and case,
-Strict one-design rudder location and case,
-Open main foil design,
-Open rudder design (minimum horizontal area)
-Hulls and wings to be built by teams with strict ACEA controls (weight, dimension certs, etc.)
It may shock you readers who think we are perpetual AC antagonists, but we actually are fully in favor of the move to a smaller boat. We have never and will never ‘hate’ the America’s Cup – we’re just embarrassed to part of a sport when open, public greed and repetitive incompetence govern the pinnacle event, and that’s why we let them know constantly. But we love fast boats, and we dig foilers, and we’re stoked to see flying get so much love.
Meanwhile, the boat will be very sexy, but crucially, having the development dollars go exactly where they can be most effective – the foils – is extremely clever. There should be no barrier to AC48s hitting similar speeds to the AC72s downwind and upwind, and while open-design foiling AC62s would unquestionably be quicker and a great deal more spectacular than the new 48, the majority of the public wouldn’t be able to tell the difference.
While we like the new boat, and we like the idea of a fun regatta in beautiful Bermuda, we are quite sure AC35 will be a flop, if only because it’s part of Russell Coutts Flying Circus. We’ve learned to always bet against Russell when it comes to business and marketing, and never bet against him in sailing.
In addition, we can’t help noticing that ACEA has caught itself in a massive conflict: On one hand, they have an edict from Larry to ‘make the event self-supporting’, in other words, MAXIMUM CASH INTAKE, and hence, Bermuda’s $72M in cash and prizes. On the other hand, Larry and Russell want to see an event with a long-term future, in other words, maximum public, TV and sponsor interest – which would mean a major population center in a transportation hub with tons of media. That ain’t Bermuda, and that’s all you need to know about Ellison’s priorities.
Tuesday morning, the five teams of the Challenger Committee will vote on the new design. If, as we expect, Team France, Ben Ainslie Racing, and Artemis all vote ‘yes’, we should see another team enter – a Japanese entry that will be a partner to the Oracle boys. Luna Rossa will probably make good on its promise, killing off the team with by far the most time and money in the next Cup and the AC62 design – something we think Russell has been wanting to do since they made him look like an incompetent boob in San Francisco. It makes us sad, but we have ZERO pity for Luna Rossa – as the second-in-time challenge, they had the right to take over for the embarrassment that was Team Australia and become Challenger of Record and prevent ALL of this. Instead, the Italians chose to sit on their ass and be part of a committee, and they have no one to blame except themselves.
As for ETNZ, despite Doc Harvey already saying that ACEA would ignore its written contract to bring the qualifiers to Auckland, we think Coutts will use this tremendous leverage to get ETNZ on board with the change. Dalts can ‘toe the line’ for his Italian friends during the vote and still remain part of the new AC48 Cup, if it will get the qualifiers back in Auckland – and his coffers filled.
Many of the die-hards think this move is the death knell for the America’s Cup, and if public sentiment depends on a real design competition, they’re right. We think the spirit of the AC died a long time ago, and this move could turn it into something useful, at least. What do you think?
March 30th, 2015 by admin
As the 35th America’s Cup “Deadline Day” hit us here in the US, The Royal NZ Yacht Squadron became the first team to formally announce that it ponied up the millions required for a challenge to Golden Gate Yacht Club, and that Emirates Team NZ would be their representatives. “We look forward to working with the other teams to create a great event. [emphasis ours]“.
The solo Kiwi news release, along with Dalton’s emphasis on ‘working with the other teams’ tells us that Russell and Grant definitely haven’t kissed and made up; you can expect a more coordinated flurry of news today as ‘Russell’s Four” – the teams that pledged their lukewarm support to Coutts and the Cup a couple of weeks ago – are likely to have worked with AC AlphaWhat on a distribution schedule. In other words, when the Cup is ready to tell you who challenged and who is the new Challenger of Record, they’ll fucking tell you, you impatient twat!
Meanwhile, RadioSport NZ’s D’arcy Waldegrave grabbed Mr. Clean for a morning drive time chat about the challenges the Kiwis face on “The Sauce”, also known as “New Zealand’s Loosest Sports Radio Show“. Listen to it above.
August 8th, 2014 by admin
With just six months left to the start of the Volvo Ocean Race, CEO Knut Frostad is now facing his biggest challenge, because earlier today, Grant Dalton announced that the ETNZ mob will definitely not be competing in the 2014-15 edition of the race. This sets up a massive problem for Frostad and those, like us, who believed the move to One-Design was a prudent one, and those, like us, who believed a strictly manufactured boat could possible bring costs down enough to see a fully subscribed field of 8 teams.
It looks like both Knut and SA were wrong on this one, and we’re not sure why: Were the cost savings on the VOD65 simply not big enough over a VO70? Is the corporate world simply not interested in this kind of yacht race? Did the VOR staff simply not bring enough sponsor development and negotiating skills to the table? We just don’t know.
What we do know is this: If Pedro Campos and his Spanish VOR team didn’t have leverage before in their bargaining for the best price on a Volvo 65, they sure do have some now! Expect an announcement from them next week, and expect 6 boats on the line in Alicante.
May 2nd, 2014 by admin
UPDATE: STORY LARGELY CONFIRMED BY DALTS
Once again, Grant Dalton has shown he can get blood from a stone, if Pierre at Valencia-based Vsail’s latest Volvo Ocean Race scoop is accurate (and we have every reason to think it is). Pierre reports that Emirates Team New Zealand has teamed up with Spanish bank Mapfre to get their hands on the sixth Volvo One-Design 65 in a project much like Chris Nicholson’s Camper/ETNZ joint that pulled off a stunning second-place the last go-around.
Pierre’s sources say the total budget is around 16 million Euros, with 10 of those coming from ETNZ. A longtime SA source who asked to remain anonymous tells us that was the number to ensure Nicho’s role as skipper; 3-time VOR racer Pedro Campos will have a managerial role along with Dalton.
With a number of Spaniards committed to the Barcelona World Race the ETNZ/Mapfre venture’s full crew makeup will likely be a mostly Kiwi and Aussie affair. This means only one or two boats are left for purchase, and if our earlier rumors continue to prove correct, that leaves a British and German team fighting it out for the last spots. You’ll know more when we do, and eventually, the thread knows all.
February 25th, 2014 by admin