Legal row may delay next Americas' Cup in Spain
3 October 2007, MADRID - AFP - The next America's Cup, scheduled to be held in Spain in 2009, may be postponed due to legal wrangling over competition rules, the organisers said Wednesday.
3 October 2007
MADRID - AFP - The next America's Cup, scheduled to be held in Spain in 2009, may be postponed due to legal wrangling over competition rules, the organisers said Wednesday.
"As a consequence of the uncertainty and the delays arising from the Golden Gate Yacht Club law suit in New York, AC Management is concerned that the feasibility of organising the next America's Cup in Valencia in 2009 has been effectively compromised," ACM said in a statement.
"ACM will in the coming days engage in consultations with the Defender, the Challenger of Record, the Competitors and the Spanish Authorities on this specific matter.
"ACM is considering all options, including the possibility of postponing the event to a later date," the statement from the organisers said.
American BMW Oracle and other challengers have since July contested the new rules proposed by reigning champions Alinghi, arguing they favour the Swiss team.
The Golden Gate Yacht Club (GGYC) of San Francisco, representing BMW Oracle, launched a legal challenge at a New York court and a first ruling is expected at the end of October.
The proposed amended rules reduce the powers that the organizers, ACM, have to disqualify or reject a competitor, change the protocol governing the race or remove members of the arbitration panel.
Alinghi and Oracle are having discussions in attempts to resolve the dispute.
Subject: Spanish news