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AC Cancelled!

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Chew my RS View Drop Down
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Post Options Post Options   Quote Chew my RS Quote  Post ReplyReply Direct Link To This Post Topic: AC Cancelled!
    Posted: 01 Apr 08 at 11:13am

Alinghi's primary sponsor, the Swiss bank UBS, has had to write-off an extra $20 Billion today as a result of the sub-prime credit crunch.  See BBC item here.  This is in addition to the $18 billion it had already written off.  I have heard, from a very good source,that as a result Alinghi is unable to host the next America's Cup and has withdrawn from it court case with the Golden Gate Yacht Club (Team Oracle).  There is no America's Cup!

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Post Options Post Options   Quote radixon Quote  Post ReplyReply Direct Link To This Post Posted: 01 Apr 08 at 11:41am

 Blimey, thats a biggy.

Gulp

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Post Options Post Options   Quote farc anal Quote  Post ReplyReply Direct Link To This Post Posted: 01 Apr 08 at 11:49am
more like a whopper
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Post Options Post Options   Quote ASok Quote  Post ReplyReply Direct Link To This Post Posted: 01 Apr 08 at 12:13pm
Well, I doubt that the UBS story is a joke, but the AC being cancelled???
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Post Options Post Options   Quote FreshScum Quote  Post ReplyReply Direct Link To This Post Posted: 01 Apr 08 at 1:10pm

Luckily Alinghi have been bought and are now sponsored by McLaren! Team McLaren will represent the SNG, the Cup is back on.

The top story on www.sailinganarchy.com the only place to go for news as it happens.

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Post Options Post Options   Quote Chew my RS Quote  Post ReplyReply Direct Link To This Post Posted: 01 Apr 08 at 1:48pm

Blast!  For one second I dreamt of an end to the d!ck waving contest formerly known as the America's Cup  .

SA's blocked from my work PC so, of course, I'll just have to take your word for it.



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Mark Jardine View Drop Down
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Post Options Post Options   Quote Mark Jardine Quote  Post ReplyReply Direct Link To This Post Posted: 01 Apr 08 at 3:12pm

Interesting day for all this 'news' to come out...

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