Deed Of Gift America's Cup Pdf Free
The 33rd America's Cup between Société Nautique de Genève defending with team Alinghi against Golden Gate Yacht Club, and their racing team BMW Oracle Racing was the subject of extensive court action and litigation, surpassing in acrimony even the controversial 1988 America's Cup. Since the two parties were unable to agree otherwise, the match took place as a one-on-one deed of gift match[NB 1] in gigantic, specialized multi-hull racing yachts with no other clubs or teams participating. The Golden Gate Yacht Club swept the two races as their yacht USA 17 powered by a rigid wing-sail proved to be significantly faster than Société Nautique de Genève's yacht Alinghi 5. The litigation leading up to the match included which club would be the challenger, the dates and venue for the regattas, certain rules governing the regattas (in particular the measurement rules), and the construction of the boats.
deed of gift america's cup pdf free
In case the parties cannot mutually agree upon the terms of a match, then three races shall be sailed, and the winner of two of such races shall be entitled to the Cup. All such races shall be on ocean courses, free from headlands, as follows: the first race, twenty nautical miles to windward and return; the second race, an equilateral triangular race of thirty-nine nautical miles, the first side of which shall be a beat to windward; the third race, (if necessary), twenty nautical miles to windward and return; and one week day shall intervene between the conclusion of one race and the starting of the next race. These ocean courses shall be practicable in all parts for vessels of twenty-two feet draught of water and shall be selected by the Club holding the Cup; and these races shall be sailed subject to its rules and sailing regulations so far as the same do not conflict with the provisions of this deed of gift, but without any time allowances whatever. The challenged Club shall not be required to name its representative vessel until at the time agreed upon for the start, but the vessel when named must compete in all the races; and each of such races must be completed within seven hours.
Should the Club holding the Cup be for any cause dissolved, the Cup shall be transferred to some Club of the same nationality, eligible to challenge under this deed of gift, in trust and subject to its provisions. In the event of the failure of such transfer within three months after such dissolution, said Cup shall revert to the preceding Club holding the same, and under the terms of this deed of gift. It is distinctly understood that the Cup is to be the property of the Club, subject to the provisions of this deed, and not the property of the owner or owners of any vessel winning a match.
Any yacht club that meets the requirements specified in the deed of gift has the right to challenge the yacht club that currently holds the cup. If the challenging club wins the match, it gains stewardship of the cup. From the first defence of the cup in 1870 until the twentieth defence in 1967, there was always only one challenger. In 1970 multiple challengers applied, so a selection series was held to decide which applicant would become the official challenger and compete in the America's Cup match. This approach has been used for each subsequent competition. The Prada Cup (known as the Louis Vuitton Cup from 1983 to 2017) is awarded to the winner of the challenger selection series.
For the 1970 America's Cup, interest in challenging was so high that the NYYC allowed the Challenger of Record (the original yacht club presenting the challenge accepted for the match) to organize a regatta among multiple challengers with the winner being substituted as challenger and going on to the cup match. This innovation has been used ever since, except for the default deed of gift matches in 1988 and 2010.
After Société Nautique de Genève successfully defended the trophy in the 32nd America's Cup, they accepted a challenge from Club Náutico Español de Vela, a Spanish yacht club formed expressly for the purpose of challenging for the cup and keeping the regatta in Valencia. When SNG and CNEV published their protocol for the 33rd America's Cup, there was criticism over its terms, with some teams and yacht clubs calling it the worst protocol in the history of the event.[45] Golden Gate Yacht Club (GGYC) then filed its own challenge for the cup and also filed a court case asking that CNEV be removed as being unqualified under the deed of gift, and that GGYC be named the challenger, being the first club to file a conforming challenge.[46]