Italy’s Luna Rossa Boss Slams America’s Cup Catamaransposted: 11/5/2012
Patricio Bertelli, who is chief executive of the Prada fashion house, said the cost of competing at next year’s America’s Cup regatta off San Francisco has scared off potential challengers.
Luna Rossa launched its America’s Cup yacht in Auckland Oct. 26. At a news conference Oct. 25, Bertelli said the race was becoming too exclusive, noting his syndicate budget for the 2013 regatta was $90 million.
Only three syndicates -- from Italy, New Zealand and Sweden -- will challenge Golden Gate Yacht Club’s Oracle Team USA for the America’s Cup next year.
Cup defender Oracle Team USA recently capsized its 72-foot catamaran in San Francisco Bay, sustaining severe damage. Sweden’s Artemis is recovering from a recent mishap involving its advanced winged sail.
Luna Rossa skipper Max Sirena said the team that wins the America’s Cup next year will be the one keeping its yacht in one piece. That will be challenging, he said, because the new Cup catamarans are fast, complex and hard to handle.
“You are going to win the America’s Cup by making less mistakes than the other guy,” he said.