Team American Magic
- Thread starter Admiral Hornblower
- Start date
Sailbydate
Super Anarchist
A bit of an over-production that one. ;-)
Let’s wait for an even bigger over-production at AC.com
What hull numbers are AM getting, AC40-6 and -7?
Sailbydate
Super Anarchist
Great to see them happy about getting their hands on the OD three-foil rocket ship, at least I guess. Be real funny if the AC40 turns out to be a more compelling competition than The Cup itself. That would be something of a shot in the foot, eh? ;-)Let’s wait for an even bigger over-production at AC.com
What hull numbers are AM getting, AC40-5 and -6?
ChairborneRanger
Anarchist
It will be a great teaser, especially with so many countries involved.
Mozzy Sails
Super Anarchist
I think they're going to be great racing boats. And it will give us (and the sailors) an opportunity ahead of the cup to really see tactics develop. That was something that was sorely missing from the last cup because of corona.
The_Alchemist
Super Anarchist
They should be 7 and 8. And it looks like the AC40 build rate is going just as we predicted. We estimated the 7th boat would be completed on Feb 2nd, give a couple weeks to deliver and that is about right. They should be getting their second boat in about 4-6 weeks.Let’s wait for an even bigger over-production at AC.com
What hull numbers are AM getting, AC40-6 and -7?
And since AM was scheduled to get the last two boats, that means that Alinghi has had their two boats for awhile and LR has their AC40.
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The single AC40 ordered by Ineos was hull 2, and the single one ordered by LR is/was hull 6?
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The_Alchemist
Super Anarchist
Perfect, thanks.
Maybe AM's two will arrive on the same ship?
I have messaged Chobani back a few times since late December, no answer so far, hope he is well.
jaysper
Super Anarchist
There certainly was talk of that after the last cup, although I never confirmed whether they actually did it.
It was this that made me abandon ETNZ and switch support to Prada.
Sailbydate
Super Anarchist
Small transgression, Jays. Not enough to end a beautiful relationship, surely? How's it going in Wellywood?
They did do it, 30 mill buyout clause. Was also a big part of my change of allegiance, also to Prada.
The_Alchemist
Super Anarchist
My recollection of earlier discussions:
Many think the clause will not stop the winner from changing boats anyway. The winner gets to decide the boat and rules according to the DOG. The “buyout” clause is also ridiculous because the NY courts only allow the recovery of actual loses and not punitive fees. NZ will have a difficult time proving they will actually loose 30 million, especially since they may not exist if they loose.
Many think the clause will not stop the winner from changing boats anyway. The winner gets to decide the boat and rules according to the DOG. The “buyout” clause is also ridiculous because the NY courts only allow the recovery of actual loses and not punitive fees. NZ will have a difficult time proving they will actually loose 30 million, especially since they may not exist if they loose.
NZL’s record in NYS Supreme Court isn’t exactly stellar.
porthos
Super Anarchist
I am one of those people. A protocol cannot override the Deed, and the Deed allows the winning team to accept the next challenge and determine the terms of the match regardless of what a prior protocol may say. Now, the protocol is also a contract and TNZ could still seek to enforce the "buyout" clause, which in the legal world is referred to as a "liquidated damages" clause. TNZ is not limited only to actual damages. Rather, the liquidated damages clause, to be enforceable (and not deemed an unenforceable penalty), must bear a reasonable relationship to TNZ's probable damages (understanding that such damages may be difficult to calculate with any real certainty).
A campaign that can cost a team $150 million for just one cycle, together with investments and expenses based on a promise to use the same boats for two cycles, could easily justify a liquidated damages amount of $30,000,000.
The_Alchemist
Super Anarchist
Yes, I was basically recalling your opinion with the best of my recollection.
Win a trip to the America's Cup venue >> Scuttlebutt Sailing News
A raffle hosted by the Herreshoff Marine Museum is offering an all inclusive round trip for two to southern Spain, Barcelona, and the NYYC American Magic
www.sailingscuttlebutt.com
Was curious and so clicked through to the link. Unfortunately it says 'Trip must occur before March, 2024.'
herreshoff.org
Frostbite Bash RAFFLE - Herreshoff Marine Museum
You could win an all inclusive round trip for two to the trip of your choice. Proceeds of raffle ticket sales will fund the youth educational programs at Herreshoff Marine Museum
herreshoff.org
jaysper
Super Anarchist
Ah well, there you go.
So they really are total cocksuckers then aren't they?
