Archive for » February 21st, 2014«

British team at the America's Cup: smooth sailing?

If successful, Ainslie’s team would be the first British team to participate in the America’s Cup in its 163 year history.

Generous investors

Ainslie’s fundraising has met with surprising success thus far amid a heightened level of national pride following the London 2012 Olympics.

“There’s obviously a lot of support there to see a British team and we’ve really been able to build on that to bring in the right private investors and potential commercial partners to start building the team,” he said.

(Read more: Oracle’s Ellison skips keynote for America’s Cup)

The aim of Ainslie’s plan is to reach about 40 percent of the budget through private investors. So far they have about 70 percent of that amount underwritten.

Even Ainslie’s team at the Extreme Sailing series has the support of British investors with the use of chase boats from UK Rib builder, Scorpion RIBs

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Hutchison shows he has the Resolve

Possibly the best conditions for sailing this year made for a close and exciting night of racing when the Waikawa Boating Club held the fifth race in their Furneaux Lodge Twilight Summer Series on Tuesday.

Healthy northerly winds were present throughout the race and only seconds separated the first four boats across the line in both division one and two. The breeze also meant the coloured sails came out, with two spinnaker runs around the course, and it was also noted the ferry took a helpful line to allow the fleet to enjoy the race.

Satellite Spy and Honk n Jack were the first two to finish in division one, but after handicap calculations it was Tom Hutchison on Resolve who claimed top honours.

Matt Michel followed up earlier good form by bagging second on Reprieve, while Aaron Blackmore on Oldsmobile was third across the line and third on handicap.

In the fleet’s smallest boat, Flying Nimbus, Hiram Taylor sailed superbly to win in division two. Pip Maslen and Ricochet collected their second consecutive second placing, with Clive Harrigan’s Settimio in third.

Despite the Mary Foy-style start, the boats were closely bunched together in a tight division three race. David Roberts on Family Affair was first, almost three minutes ahead of Paul Williams on Sovereign. Ian Michel on Playwright was just a boat length back in third.

– The Marlborough Express

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