The AC 37 has started, news and rumours

[porthos]

Bold:
I did, apologies.
We are.

You can agree whatever you want, but a challenge is not valid until the ongoing challenge is finished.
The $500K contract would be moot (under the DoG), because it is inherently not valid. I wager that it would even be mooted if another possible challenger brings it before the NYSC.

The agreement would absolutely be valid under New York law. The escrow contract is a separate agreement that does not restrict anyone doing anything pursuant to the DoG.  As DaveS noted, it just sets the price for changing your mind.

 

[porthos]

It's easy to keep your principals sequestered if both of them want to be sequestered. If one of them is having cold feet and secretly talking to third parties it might be a bit harder.

Of course -- anything is possible. At this point, however, we have wandered a bit away from home. My only point at the outset is that so long as both parties agreed, there nothing in the DoG stopping a defender and challenger from agreeing that the winner would accept the next challenge from the loser. 

 

[Rennmaus]

Of course -- anything is possible. At this point, however, we have wandered a bit away from home. My only point at the outset is that so long as both parties agreed, there nothing in the DoG stopping a defender and challenger from agreeing that the winner would accept the next challenge from the loser. 

Right, as long as both agree. But under the DoG you cannot force either team to stick to this agreement. That's all I am saying.

 

[Forourselves]

That assumes two separate events. 

That’s what the Bermuda event was supposed to be

 

[45Roller]

[No message]

 

[The Advocate]

Right, but the other team is not bound to honor this agreement for the following Cup, at least not by the DoG.

Agree

 

[The Advocate]

I think the headline is incorrect due to having "a little bit of knowledge." There was nothing in that audio that confirmed that there is a Challenger of Record, only that a challenge has been received.

 

[45Roller]

I think the headline is incorrect due to having "a little bit of knowledge." There was nothing in that audio that confirmed that there is a Challenger of Record, only that a challenge has been received.

yeah true mate, how long was it after Bermuda that we found out it was Luna Rossa?

 

[sailman]

You should all consider how difficult it is to keep Teams afload for another two years in Post-COVID Terms when Economies are tanking!

ETNZ & INEOS have to attract some Sponsors, no? Now that PRADA is out as Main Sponsor. That's why they might do 1) a couple of World Series Events or 2) a couple of Exhibition Events.

And I am sure Dalton & Ratcliffe will be doing just that.

The best thing that happened to the AC were the Acts in 2005-2007 and the World Series Events in 2011-12 + 2015/2016.

That's how you get Teams involved.

That’s how you blow costs through the roof.    If the Cup cycle was challenger/defender series then Cup match you have a Team together for 1-2 years at the most, then move on. 

 

[Raptorsailor]

There will be a budget cap.

Budget cap my arse, this is the America's Cup. 

 

[The Advocate]

Budget cap my arse, this is the America's Cup. 

Yeah, pretty sure that was said  in F1 as well before it started to tank.

 

[JALhazmat]

yeah true mate, how long was it after Bermuda that we found out it was Luna Rossa?

Before they got back to the dock side..

 

[strider470]

yeah true mate, how long was it after Bermuda that we found out it was Luna Rossa?

View attachment 241033

 

[dg_sailingfan]

yeah true mate, how long was it after Bermuda that we found out it was Luna Rossa?

Grant Dalton & Matteo de Nora officially disclosed and announced it at the Closing Press Conference that the "Circolo della Vela Sicilia" would be the new "Challenger of Record" for AC36!

 

[Indio]

There will be a budget cap.

Why? It's a fucking open challenge event: the NYSC might have something to say about a Defender trying to impose spending limits on Challengers!! Under your nutty proposal, ETNZ will hold onto the Auld Mug for another 132 years because they can simply restrict the budgets of the Challengers so they can never afford to catch up to ETNZ.

 

[The Advocate]

Why? It's a fucking open challenge event: the NYSC might have something to say about a Defender trying to impose spending limits on Challengers!! Under your nutty proposal, ETNZ will hold onto the Auld Mug for another 132 years because they can simply restrict the budgets of the Challengers so they can never afford to catch up to ETNZ.

Facepalm.

 

[strider470]

Why? It's a fucking open challenge event: the NYSC might have something to say about a Defender trying to impose spending limits on Challengers!! Under your nutty proposal, ETNZ will hold onto the Auld Mug for another 132 years because they can simply restrict the budgets of the Challengers so they can never afford to catch up to ETNZ.

First they must find a challenger willing to agree on that.

 

[dg_sailingfan]

First they must find a challenger willing to agree on that.

NYYC/American Magic Skipper Terry Hutchinson talked about "Budget Caps" after he lost in the Semifinals against your Team. Fortunately NYYC did not win this. This would have been a total travesty & disaster if that had happened + they wanted to go back to displacement sailing! I was rooting for the Italians in the Semifinal.

 

[Indio]

Oh NYSC here we come.....

They can go play boats where ever/whenever they like, just cant be linked to AC when it only the 2 of them and the other stakeholders and or potential stakeholders aren't invited, as per a "world championship".

You really should educate yourself about the AC by reading the Deed of Gift!! IF the RYS Challenge has been accepted, that is all that's required for a mano-'a-mano DoG Challenge to take place. There is no provision for multiple Challengers in the Deed: they are only welcome at the pleasure of and by agreement between the Defender and the Challenger who then becomes CoR.

 

[The Advocate]

You really should educate yourself about the AC by reading the Deed of Gift!! IF the RYS Challenge has been accepted, that is all that's required for a mano-'a-mano DoG Challenge to take place. There is no provision for multiple Challengers in the Deed: they are only welcome at the pleasure of and by agreement between the Defender and the Challenger who then becomes CoR.

You should really read a whole conversation and properly understand it before opening your mouth hole.