MarineBusiness-World.com
 
 
News Home FishingBoating Photo Gallery Australian Cruising Sail-World Australia
Sail-World.com : 35th America’s Cup - Sir Ben Ainslie secures funding
35th America’s Cup - Sir Ben Ainslie secures funding

'34th America’s Cup - Sir Ben Ainslie, Oracle Team USA'    ACEA / Photo Abner Kingman ©

Kate Laven in the Britain's Telegraph reports that British Olympian Ben AinsliBritish Olympian has secured the private seed funding for a British assault on the race. While potential America’s Cup challengers wait for details of the 35th America’s Cup to be announced, Sir Ben Ainslie has secured the private seed funding for a British campaign, to be unveiled next month.

She says It will be difficult for him to go ahead with the next phase of the Ben Ainslie Racing (BAR) campaign - raising the £100m commercial sponsorship - until he has seen the protocol governing the Cup, which is currently being agreed by Cup holders Oracle Team USA and official challengers Team Australia.

The protocol, which was due to be announced in March but has been promised for disclosure next week, will contain the rules for the next event, including plans for a 62-foot foiling wing-sailed catamaran, a similar but smaller version of the high speed AC72 used so dramatically in San Francisco last year.

San Francisco, where Ellison’s home and HQ are based, is the likely contender after showing itself to be a near perfect America’s Cup venue last time round though local tax payers were left with a hefty staging bill of $11 million which has made negotiations for the 35th Cup tricky.

Next month, Ainslie will announce who he has engaged so far to be in his sailing team, with all members expected to be British. His AC62 designers will also be unveiled though his friend Iain Percy, who is heading up the Swedish Artemis campaign, snapped up four highly regarded designers back in January reducing Ainslie’s options.

His AC team and new office premises near Southampton plus his Extreme Sailing Series campaign to bring him up to speed helming multihulls, has been funded mainly by two of Britain’s most passionate amateur sailors Sir Charles Dunstone, co-founder of Carphone Warehouse, and Sir Keith Mills of Airmiles, Tottenham Hotspur and London Olympics fame.

For full story go to click here


by Kate Laven


  

Click on the FB Like link to post this story to your FB wall

http://www.marinebusiness-world.com/index.cfm?nid=122014

5:24 AM Sat 10 May 2014GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
2016-2017 America's Cup

Related News Stories:

11 May 2014  America's Cup: 2010 Cup winner goes on permanent display Oracle Corp
07 May 2014  America's Cup: Iain Murray on the Trials, the Team, and the Protocol
07 May 2014  America’s Cup wins Sports Emmy Award for its Mobile App
07 May 2014  America's Cup: 2010 Cup winner begins new journey to Oracle Corp
06 May 2014  America's Cup: Iain Murray on the Venue and AC62 size, shape and speed
05 May 2014  America's Cup: Iain Murray interviewed on the Protocol and AC62
04 May 2014  America's Cup - Oracle Team USA Update: 'We’re in a racing phase'
19 Apr 2014  America's Cup Book Review: Winging It - Oracle Team USA's comeback
14 Apr 2014  America's Cup: Gino Morrelli outlines the new AC62 design
12 Apr 2014  America's Cup: Emirates Team NZ up against funding hurdle for year
MORE STORIES ...






Marine Business News























Great Barrier Reef plan released for comment by Queensland Minister for Environment,
















Brisbane Boat Show begins *Feature by Jeni Bone,




























Stefan Boating World launches new models at Brisbane Boat Show
Record numbers expected at 2014 Ocean Marina Pattaya Boat Show
British Sailing Team join forces with Zhik for new clothing range
Command Thrust outboards with Counter-Rotation find eager market
Collinson FX Market Commentary: September 9, 2014 - UK Breakup
Record sales driven by new interest in catamarans
Southport Yacht Club celebrates opening of 68th season *Feature
Brisbane Boat Show starts Friday - biggest in 10 years! *Feature
Marine Auctions adds new recruits *Feature
Ministerial advisory group launched by united marine industry sector
2014 Auckland on Water Boat Show: Coming up at the end of September
Australian research sheds light on ocean garbage gyres *Feature
Sevenstar Yacht Transport names Kris Caren West Coast Representative
New Masts for an historic Australian boat - the Young Endeavour
Round the World racer joins Southern Pacific Inflatables
Dinghy foiling takes off around the world
2014 Gold Coast Int'l Marine Expo - Quintrex factory opens its doors
New exhibition explores role of Royal Australian Navy in WWI
18 anti-piracy weapons for ships to fight pirates
Hamilton Island Audi Race Week 2015 - Accommodation options
Sydney Sailboat Expo 2015 site confirmed   
Skysol Frame Large: A new shading solution for sunroofs   
Collinson FX Market Commentary: September 6, 2014 - Russian control   
Collinson FX Market Commentary: September 5, 2014 - Nervous Election   
Collinson FX Market Commentary: September 4, 2014 - 'Rock-star' fades   
Enerdrive, national distributor for Fischer Panda Generators   
New earlier date for ICA’s Cruising Prep Seminar proving popular   
Southern Spars One Design complete 500th J/70 rig   
Camper & Nicholsons Yachts presents the Sagitta 42   
Brunswick Marine in EMEA announces intuitive user interface   
Hutchwilco expands sales and marketing team   
Collinson FX Market Commentary: September 3, 2014 - NZD trades strong   
Marina of the Year Awards - Now open for entry   
Grand Pavois - A chance to catch up with the trends   
RYA Digital Day at the PSP Southampton Boat Show   
Collinson FX Market Commentary: September 2, 2014 - AUD trades steady   
XCAT Series gets set to conquer another continent in 2015   
2014 Mandurah Boat Show - Third largest boat show in Australia   
Fishers invited to industry meetings   
2014 Gold Coast International Marine Expo - Eye on the big picture   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW MBW
LocalAds   DE  ES  FR  IT