A new framework of America’s Cup has been designed and accepted by the teams.
The new framework the trophy aims to make the things easy like meeting cost hi-tech boats that goes multi-million dollars, give clarity for sailors, broadcasters and fans and raise sponsorship.
Till date five out of six competitors those are participating in the America’s Cup taking place in Bermuda have agreed to the changes made. The only one who has not signed and agreed to the plan is New Zealand team Emirates.
Glenn Ashby skipper of ETNZ said, we got information about the changes in July, and that time it was only the proposal, however, we are still concerned about the restrictions that this change will impose on the team.
On this move of Team Emirates Of New Zealand, Land Rover BAR CEO Martin Whitmarsh said that, the managing team is hopeful that ETNZ will soon be the part of this move as the changes are good for the stakeholders of the championship. (more…)