New York, NY, October 27, 2009
– We’re pleased with the court’s decision today
that Alinghi’s choice of the venue for the 33rd America’s Cup was not allowed
under the Deed of Gift.
We look forward to Justice Kornreich’s decision later this week regarding two
additional issues.
First, we hope she will agree with our position that Alinghi cannot add
additional ballast, equipment or sailors to the boat after it has been measured
for compliance with the Deed of Gift’s restriction on length along the load water
line. Enabling any team to add additional weight after measurement – thus
lengthening its load water line and increasing its speed – violates the Deed of
Gift, decades of sailing practice, and the spirit of the rules that govern the
America’s Cup.
Second, Justice Kornreich understands the need for a fair and impartial jury.
Our position is that the sailing jury must have the normal powers to adjudicate.
We remain motivated to negotiate all remaining issues with Alinghi to ensure a
fair, competitive and successful America’s Cup in February 2010. We took a
big step towards this goal today.