America's Cup 2013 & Louis
Vuitton Cup:
Venezia No Longer a Valid Competitor: Press Release
Venezia Challenge is Out of the 2013 America's Cup
Italian Team "Failed to Fulfill Commitments": Press Release
July 25, 2011
Venezia Challenge Excused From America's Cup
Venezia Challenge has been unable to meet the requirements to continue in both the America’s Cup World Series and the 34th America’s Cup.
Iain Murray, the America’s Cup Regatta Director and Chief Executive of America’s Cup Management Limited advised, “Following discussions and attempts to resolve in a timely way, there was an agreement to meet certain obligations by this weekend and the deadline passed.”
The Italian challenger has advised that it was unable to meet required commitments within an agreed deadline.
Accordingly, the Golden Gate Yacht Club has notified Club Canottieri Roggero di Lauria, which is represented by Venezia Challenge, that the Italian Challenger has been excused from further participation.
“Venezia Challenge failed to fulfill its commitments to remain eligible to continue in the 34th America’s Cup,” said Tom Ehman, Vice Commodore of the Golden Gate Yacht Club.
In the meantime, preparations in Cascais,
Portugal, continue apace with teams training hard in testing conditions for
the opening event of the 34th America’s Cup cycle, staged 6-14 August.
---From America's Cup Event Authority (This Press Release updated by ACEA
4:46pm PT from a previous version)
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