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New Zealand Government Provides $5m For American’s cup

With an intention of building another campaign for the world’s oldest sporting trophy, New Zealand’s government gave a NZ$5 million to the New Zealand Team America’s cup syndicate because their top design and sailing personnel were about to get poached. The holders Oracle Team The United States of America beated team new Zealand who was again backed by Larry Ellison, a software billionaire in a take away final race which took place in San Francisco Bay the previous month. The Oracle Team USA captured nation’s imagination of providing a valuable exposure. Good network possibilities were also provided by them to the local businesses.

It is mentioned by the syndicate head G. Dalton & the skipper of the team Dean barker mentioned that the rival syndicates approached the key design & the sailing personnel after a long time of the race for which a good amount of fund was to be arranged quickly to keep the team intact and ready to face the future challenges. The Economic Development minister gave a statement that the government of New Zealand sat on a cabinet meeting and agreed to put forward around $5 million for the Team Zealand so that it is ensured that the support crew, designers, administrative staff and sailors are kept secured at least till 2014 May. Within this time the authorities would take a decision about the involvement of the team in the future regatta.

The format of the next regatta which is supposed to be held in 2016 will be determined by the Australian Hamilton Island Yacht Club (HIYC) which is again owned by the wine tycoon who is also a sailing enthusiast Bob Oatley. He has also been proved to be the Challenger of Record. During 2007, before sponsors were arranged to present the lock up talent amount, the government promised to provide NZ$10 million for the challenge that the New Zealand team had to face. The estimation was around NZ$120 million but the government eventually contributed NZ$36 million for it.

Joyce added to his statement by saying that the government is always willing to act as a sponsors but an economic analysis of the 2013 regatta will be conducted first.

2013 Championship of Champions

Brian Keane has reportedly come up as the winner of 2013 Championship of Champions on October 27, 2013. It was a dramatic finish to the prestigious race organized by the prestigious Columbia Sailing Club and as many as 16 races were needed to choose the winner of Jack Brown Trophy.

Brian Keane & crew members Steve Hunt & Victor De Leon bagged in a 3 point lead place over B. Alison & Laura and will Jeffers. Skip Dieball and crew members Tom Starck & Abby Freeman were 7 points back that got them in the 3rd position.

The Race 15 on the last day started out amidst winds at five to eight knots. The club Race Committee reduced the racing course foe upward finish. This 15th race had Lee Sackett as the winner who was followed by Tampa’s Greiner Hobbs in the second position, Alison in the 3rd & Keane in the 4th place. Dieball came to the 13th position. However, in the last race, Keane came up with a 4-point lead over Betsy Alison & Dieball was eleven points behind.

Prior to the 16th race, there was this 1800 wind shift blowing from the eastern side at about five knots. The Easterly Breeze was never usual in Lake Murray & the very wind direction resulted in shifty weather-legs. Skip Dieball was able to maintain lead in 1st leeward mark & was followed by Brian Keane & Gillum. The teams adjusted themselves to a light oscillation to northeast with the winds at five to eight knots. Dieball came up as the winner for the 16th Race, followed by Brian and Starck.

Keane won over the Columbian regatta by ten points over Skip & Alison. Skip won on tie-breaker and came to the 2nd place. Albeit Keane could not win on any of the races in the recent week yet he finished in top 3 on 7 occasions all through the 16 races.