Cup battle resumes
NZPA-Reuter New York United States and New .Zealand yacht clubs resume their ../battle for the America’s ; Cup today in a New York State appeals court which will decide the fate of yachting’s premier trophy. The San Diego Yacht Club will argue that Justice Carmen Ciparick was wrong in ordering it last March to forfeit the trophy, while the Mercury Bay Boating Club will say
she was right to disqualify the Californians for sailing a catamaran against a. monohulled boat. At stake is the prestige of holding the trophy and the financial reward of staging the America’s Cup. San Diego hoped to earn as much as SUS2 billion;: in revenues by hosting the next race series, now set for 1992 in New Zealand. At issue is Justice Ciparick’s March ruling in which she interpreted the ' 1
Deed of Gift, the document which governs the trophy, as prohibiting a mismatch such as last year’s series between San Diego’s speedy 18-metre catamaran and the huge 40 metre sloop New Zealand. Stars and Stripes, skippered by Dennis Conner, easily beat the challenger, built by the New Zealand merchant banker, Michael Fay, by 2-0 in the best-of-three series off San Diego.
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Press, 8 June 1989, Page 56
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199Cup battle resumes Press, 8 June 1989, Page 56
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