Archive for the ‘Valencia’ Category

Oracle wins America’s Cup verdict

Thursday, April 2nd, 2009

BMW/Oracle America's Cup TrimaranThe New York Court of Appeals ruled Thursday in favor of Oracle over Alinghi in a long-running legal fight that would now make Golden Gate Yacht Club the challenger of record for the America’s Cup.

The New York Supreme Court ruled today in favor of the U.S. team, BMW Oracle in the lawsuit against Alinghi, the America’s Cup 33 will be a duel between two teams to the best of three races in a competition  in Valencia in 2010.
The competition will abandon its conventional format of several teams to hold a mourning, according to ‘Deed of Gift’ within ten months.
With this statement has been finished 633 days of dispute that began on July 20, 2007 when the BMW-Oracle filed a lawsuit before the Supreme Court of New York to consider invalid the Club Náutico Español de Vela (CNEVA) as’ challenger of record “and therefore the signed Protocol..

The pre-regattas in July 2009

Thursday, April 2nd, 2009
Will happen from 10 to 19 of July and currently there are 19 teams registered, which must now ratify its participation, as says sources of America’s Cup Management (ACM), organizer of the event. The agreement sets a price of nine million euros plus VAT, while the second competitions in October pending verdict of the dispute between the teams Alinghi and BMW Oracle.
In this way the relationship continues between Valencia and the America’s Cup sailing, even with a race that might not rate in the official competition. Everything depends of the Court of New York.
If BMW ORACLE American syndicate win  in Court, the scene changed completely.   The rules of the America’s Cup winner said that the trial is up to ten months to fix the dates of the Challenge, which might discourage this pre-rregata in the event of a collision of dates.

The spectator boats are in this kind of competitions in different perimeters, depending on the privileges they have. Similarly, the proximity to the port also facilitates the television to wireless networks.

Now it’s time to realize all these logistics, and advanced according to the councilman of Sports of Valencia, Cristóbal Grau. The representative of ACM, Lucien Masmejan, said that there is still no agreement in sight on what channel will the races.

What will happen with the BMW Oracle in case you lose the trial? Currently is not among those registered for pre-rregatas, which would negate their participation in the 33rd edition of the America’s cup, according to sources from ACM.

The only way to change this is that all equipment approved unanimously to allow the entry of the Americans, something difficult to achieve especially in the case of Alinghi, current holder of the Mug Hundred Guineas and he faces in court Supreme New York.

A matter of contract and absent is striking is that the organizer does not reserve any percentage of the revenues of the restaurants in the dock. This line of business at the marina kept in exclusive Consorcio Valencia 2007, the public agency that undertook the infrastructure at the port for the races.