Following successful America’s Cup Deed of Gift Challenge in the year 2010, Oracle team, which, is owned by Larry Ellison and led by Russell Coutts went on a mission to give a new shape to the event.
The motto of both sailors is creating a competition that just not remains for the sailors alone, but it remains for everyone.
Of their larger plan, creating interest was integral to enhance the commercial attraction of this event. There were not more than required billionaires to provide funding to the teams, they worried, and America’s Cup relevance would fade out if the sailors would not take part in it.
After a couple of failed campaigns, and a cruel court battle, which led to their win, finally Ellison held the trophy that no other sailor would want if they are asked to race opposite him.
But, in the situation like defender could improve the commercial interest drastically, the funding model will have the capacity to eliminate the requirement for the billionaires. The America’s Cup had to switch from being a sporting event with a rich history for an entertainment entity.
While working with a sheet of paper, the Defender together brought a design consortium to regulate the path forward. Nevertheless, for those who are involved in the process, the paper used wasn’t cleaned completely. In the design suggested, the choice was not given between the multihull and monohull as expected, but it was more about the type of multihull.
It was time to reduce the length of the skirt on the old gal and create enthusiasm, and the multihulls have the capability of doing that. Moreover, the multihulls would allow for the racing to be near to the spectators. Changes are acceptable too few and not too few it is only the future, which will determine it.