Australia is back in the America’s Cup for the first time since 2000 after a challenge by winemaker and sailor Bob Oatley was accepted by software billionaire Larry Ellison.
“I think a lot of people who were never interested in sailing suddenly got interested in sailing,” Larry Ellison, the software billionaire who owns Oracle Team USA, said after the American boat kept the America’s Cup with one final thrilling win.
Larry Ellison and Russell Coutts got it right. The staid old America’s Cup can be an adrenaline rush.
For much of the finals, it seemed all but certain the next America’s Cup would be contested in New Zealand. After Oracle Team USA’s stunning comeback Wednesday, organizers declared the regatta a success.
On an otherwise ho-hum Wednesday afternoon, Oracle Team USA completed one of the greatest comebacks in sports history, clawing back from an 8-1 race deficit against Emirates New Zealand to win the America’s Cup on San Francisco Bay.
New Zealanders have started to question whether their team’s loss in the America’s Cup marks the end of the country’s 26-year involvement in competing for sailing’s oldest trophy.
Anywhere else on Earth, the chance to host a world-class event like the America’s Cup would have the civic leaders abuzz.
I can’t say I’m the biggest fan of Larry Ellison and Oracle, but they’re the ones who put a lot on the line. Ellison brought it to the city and it was even timed to line up with his annual Oracle World Conference. It could have been a really embarrassing loss for him, but things worked out.
It was a day for the sailing history books, with Oracle Team USA winning its eighth straight race in the America’s Cup Finals to triumph over challenger Emirates Team New Zealand.
Despite problems which have run the gamut from the death of a sailor during a practice run to cheating scandals to financial shortfalls because of teams dropping out, San Francisco’s mayor said Wednesday he would welcome the America’s Cup event again.