33rd America's Cup Event Regulations Published
AC Management are putting the pressure on
©ACM 2007/Photo: Arduino Vannucchi
AC Management, the organizing body of the 33rd America's Cup, has released the Event Regulations, whilst the Société Nautique de Genève have issued a statement requiring the Golden Gate Yacht Club to withdraw its lawsuit by 16 November 2007.
The Event Regulations are the third and final document that will rule the competition scheduled to take place in 2009 in Valencia.
Following the publication of the AC90 Class Rule on 31 October and the Competition Regulations on 8 November, this new document has been produced in consultation with the Defender, Alinghi, and with the entered Challengers. It will govern mainly the commercial aspects of the relationship between the organisation and the participants. It also includes the deadline for entries, which has been set on 15 December 2007.
Click here to download the Event Regulations
AC Management are also claiming that the Golden Gate Yacht Club's lawsuit is having a negative affect on their attempts to attract sponsors for the event. The remainder of their media release reads:
"All the elements required to proceed with a successful competition in 2009 are now in place, and have the support of the Challenger of Record and all the existing competitors. However, the possibility of a race for the Cup in 2009 is impaired because of the negative effects that Golden Gate Yacht Club's (GGYC) lawsuit is having on sponsors and other arrangements for the Event.
"The Société Nautique de Genève (SNG) has therefore required GGYC to withdraw its lawsuit by 16 November at 17:00, New York time, and to clarify its position with regard to its participation in the 33rd America's Cup."