Oracle Team USA
A cost cutting move could may cause the America’s Cup 2017 regatta in Bermuda to lose two of its strongest challengers.
Even though America’s Cup officials announced they’ve eliminated one of the four remaining contenders for the 2017 regatta, San Francisco Mayor Ed Lee says he’s confident his city is still in the game.
The chance to win a third straight America’s Cup with Oracle Team USA was a bigger allure to skipper Jimmy Spithill than taking a big-money offer from a foreign challenger.
Emirates Team New Zealand skipper Dean Barker said “the vultures are already circling” the defeated America’s Cup challenger and that the team will likely fold unless action is taken to secure its future.
“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.
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.