Artemis is wasting time shipping the boat back and forth to SF, then are just now building a base in bermuda. BAR probably spent too much time building their fancy base on the wrong side of the atlantic, OR built a base when everyone else could, they just built it fast and moved there. They started building their 45T before anyone else, and BAR says they'll have more than one trial horse. Seems like Oracle is way better managed. NZ still isn't sailing a 45T, they said they were building their own like a year ago, then buys LRs and still isn't sailing.
Sure, that's one way to look at it - if you don't really know how it works...
Has it occurred to you that the land on which teams x,y and z are designated to perch - is still on it's way from Canada?
Or that it might have been a slight advantage to know in advance when the event/s would be held, where the event/s would be held, in what type and size of boat/s, if surrogates would be allowed and then whether you could find sponsors who found that proposal attractive - if you didn't have 'independent means'. Not to mention the lack of transparency between Event Authority and the Defender on one hand and the hosts and the various sponsors on the other, the playing off of teams against each other on critical decisions and the convenient on the spot rule making by the Race Management so reminiscent of AC34 and which we have already seen in AC35.
Apart from those few points you were spot on.
Any link to this "Has it occurred to you that the land on which teams x,y and z are designated to perch - is still on it's way from Canada?"?