An excerpt from Richard Gladwell's latest editorial at Sail-World.com:
An final decision is still pending on an extension of the highly successful Louis Vuitton Pacific Series, which will introduce a new world series of sailing regattas using America's Cup class yachts.
Already several meetings have been held with 12 teams from 10 countries being present at one discussion. A second meeting was held in Marseilles during the recent Audi MedCup regatta held in that port.
Alinghi was believed to have been present at one of these sessions. Initially a formal announcement of the series was expected this coming Friday, however it is expected that this date may slide pending a final 'get-go' for the complex arrangements and logistics.
The shape of the new series is expected to be a combination of recent developments in the America's Cup, Louis Vuitton Cup, Louis Vuitton Pacific Series, and the Acts sailed in 2005 and 2006 sponsored by Louis Vuitton. With the rejection of a multi challenger series using boats the the new 33AC rule, the door has been opened for the Challengers to do their own thing while waiting for the multihull challenge to be sorted out.
Golden Gate YC/BMW Oracle Racing are believed to be strongly in favour of a Louis Vuitton World Series, and if they prevail in the 33rd America's Cup then the new series should fly. Whoever is the Defender of the 34th America's Cup will not have the luxury of dictating the terms of the Event, as has been done in the past. The vacuum that has been created by the litigation has created a space that is being filled by other events, albeit it without the prestige of the America's Cup, but definitely offering the certainty that the Auld Mug has lacked in the past two years.
The Volvo Ocean Race, with professional forward thinking management and an inclusive style is a serious threat to the old type America's Cup organisation. A new way forward is required, with a professionally organised global event.
Louis Vuitton and Bruno Trouble have the record and are currently without peer in this regard, but a green light from both sides in the 33rd America's Cup is preferred, but maybe not required.
Full article at www.sail-world.com