The AC On A Shoestring: Now Why Didn’t I Think Of That?

Xlot

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Trying to make sense of the last minute flood of prospective, but manifestly marginal, challengers: why and why just now?

A possible explanation is that Defender and COR have become convinced that the number of serious teams is capped at the present foursome. Both, however, have a vested interest in adding several, ideally non-threatening teams: first priority, as noted here, to at least match the attendance in BDA and if possible to exceed it

A way to achieve this is by limiting a new teams’ budget exclusively to marginal costs: in practice, each “serious” team becomes a sort of Fairy Godmother to one “weakling” and passes on free of charge all design work related to boat 1 and the relevant hull mould. So, Malta would depend on LR/Persico and S&S on American Magic. ETNZ might tie up with a Chinese team,  and even Jim Ratcliffe might go with the Dutch since the obvious quid pro quo would  be that two-boat training would then be allowed, Def and COR having notoriously the only say on Prot changes

Too far-fetched?

 

NeedAClew

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Maybe it is a good way to get good locations in the viewing area?

Wonder if they ever would do a salary cap like the US pro leagues.  Grinders were making more than brain surgeons last Cup cycles...but of course the grinders had more specialized and valued skills.

 

Costro

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Yeah mate for sure. Way too far fetched. You’re talking about a whole different ballgame. 

Also...

S&S are a two boat challenge, don’t underestimate them. 

 

Xlot

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S&S are a two boat challenge, don’t underestimate them. 
Hard not to,  with no naming sponsor - or any named sponsor, for that matter - and a design group of one ...

 
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Swimsailor

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Hard not to,  with no naming sponsor - or any named sponsor, for that matter - and a design group of one ...
S&S got their design package from ETNZ.  JB Braun is the lead designer.  Funding is from several entities forming an old school syndicate.  It's almost as it you didn't read a damn thing that has been written today.

 

Xlot

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  It's almost as it you didn't read a damn thing that has been written today.
It’s almost as if I couldn’t find my rose-tinted glasses today. But pray tell me: what has changed in hard, monetary terms - other than now having also  to pay theoretically the late fee - since talk started about the second US team months ago, and it was universally written off as not viable?

 

Tornado-Cat

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Interesting point of view @Xlot.  I stick to my opinion that the defender wants and need as many teams as possible while the CoR wants to win.

My guess is that TNZ tries to accept as many teams, serious or not, without changing the protocol in order to avoid discussing with the CoR who wants to minimize the number, even if they represent a minor danger.

Despite that, GD will need to modify it for the last teams so negotiations must go on between them.

The result will depend on the one who has the bigger stick.

 
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Boybland

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It’s almost as if I couldn’t find my rose-tinted glasses today. But pray tell me: what has changed in hard, monetary terms - other than now having also  to pay theoretically the late fee - since talk started about the second US team months ago, and it was universally written off as not viable?
Not certain they will have to pay the late fee.

We don't know when their challenge was actually submitted, only when it was all finalised.  It certainly sounds like they have already had access to the ETNZ design package for a while now which would indicate things were well in hand before the cut off.

 

rh3000

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My guess is that TNZ tries to accept as many teams, serious or not, without changing the protocol in order to avoid discussing with the CoR who wants to minimize the number, even if they represent a minor danger.
This would be true of any defender who wants as big an event as possible right? It just sounds like the logical outcome...

 

Tornado-Cat

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This would be true of any defender who wants as big an event as possible right? It just sounds like the logical outcome...
Correct, the defender has to please the city, the government, they need a successful event to secure future fundings and please financial backers, as most defenders.

 

RobG

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I think you're over thinking it. According to the protocol, any challenge that meets the requirements must be accepted so ETNZ don't get to pick and choose, though they offer inducements to get teams to enter (such as help with a design package, periodic payment of entry fees vs one off, etc.).

A last minute conditional challenge is a way to extend the date that money has to be paid. By having conditions and delaying acceptance until 21 December, they give themselves the maximum time before the final payment deadline of 31 December (allowing for 10 days after acceptance before any payments are due).

 
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Lakrass

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what has changed in hard, monetary terms - other than now having also  to pay theoretically the late fee - since talk started about the second US team months ago
I wrote this before but Ineos and AM training boats have added a lot of value into the next cup and that doesn't have to be underestimated. A lot doubted about the concept when released, now it is turning to enthusiastic interest. Add some time to use the argument from the first sail of the boat until you convince some sponsors and the deadline for late entry is there...

Still I don't see your idea as so far fetched, we are speaking about AC after all. Not sure those connections are established yet though.

 

Swimsailor

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It’s almost as if I couldn’t find my rose-tinted glasses today. But pray tell me: what has changed in hard, monetary terms - other than now having also  to pay theoretically the late fee - since talk started about the second US team months ago, and it was universally written off as not viable?
Well, they obviously have enough money to build a boat and enter the race.  And who wrote them off?  

 

rh3000

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Well, they obviously have enough money to build a boat and enter the race.  And who wrote them off?  
If you read back a few months you'll find that many who were so keen to blindly bag ETNZ at any opportunity, that they asserted there would be only 3 challengers, and even if more did arrive they be laughably late losers that essentially wouldn't count.

Now that it turns out these later challengers include the likes of S&S all of a sudden those criticisms have evaporated.

@Xlot is right, what has changed? Other than the shifting opinions of hypocrites?

FWIW I actually believe S&S make a strong Challenger, and they are great example of what I've been suggesting all along - being a "late" challenger can actually be a deliberate and advantageous strategy.

 

Forourselves

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Well, they obviously have enough money to build a boat and enter the race.  And who wrote them off?  
The same people who a few months back were gleefully screaming failure when there was only 3 challengers, and now say "They're just there to make up the numbers" and "we only want serious challengers" and which are the same people who call Dalton a hypocrite (ironically) because he complained about costs being so high in 2013 even though he was absolutely right.

 

The_Alchemist

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If you read back a few months you'll find that many who were so keen to blindly bag ETNZ at any opportunity, that they asserted there would be only 3 challengers, and even if more did arrive they be laughably late losers that essentially wouldn't count.

Now that it turns out these later challengers include the likes of S&S all of a sudden those criticisms have evaporated.

@Xlot is right, what has changed? Other than the shifting opinions of hypocrites?

FWIW I actually believe S&S make a strong Challenger, and they are great example of what I've been suggesting all along - being a "late" challenger can actually be a deliberate and advantageous strategy.
Don't go twisting it into what it wasn't.  I was ridiculed and mocked when I started the second US team thread.  Many of us never criticized NZ for not having enough teams, don't go building up your defense based upon a few responses.  Same goes for mfluder....

 

dogwatch

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Well, they obviously have enough money to build a boat and enter the race.  And who wrote them off?  
It seemed like following the SailGP announcement, most on SAAC  believed this team wasn't moving forward. I can't say I ever saw the connection.

Am I missing something or is the source of $&$ for S&S still a bit of a mystery? Do they in fact "obviously have enough money to build a boat"?

 

rh3000

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Don't go twisting it into what it wasn't.  I was ridiculed and mocked when I started the second US team thread.  Many of us never criticized NZ for not having enough teams, don't go building up your defense based upon a few responses.  Same goes for mfluder....
So my comment doesn't apply to you then? Cool :)

 

Horn Rock

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Do they in fact "obviously have enough money to build a boat"?
“Our funding to this point has come from a number of founding patrons from coast-to-coast who are passionate about our message and I think that’s indicative of our inclusive aim,” said Shaffer.

The above is from their web page. No sign of any sponsors logos on their page - yet. The "founding patrons" have either come up with cash or guaranteed a line of credit to pay their entry fees, and get the build started on their boat. The design package purchased from ETNZ is quite possibly funded via installments? Funding could be the reason this team was so late to announce their participation, despite saying they've been "doing it" for a while. All just speculation on my part, but you'd think they'd have to secure some major sponsors to see this challenge go forward. The copy on their web page reads a lot like a pitch, laying out their ethos and credentials - all perfectly reasonable in the game that is an AC challenge.

Stars and Stripes

 

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