America's Cup Squabble

" The battle for the America's cup -- moved from the courtroom to the waters off Valencia in Spain to the two teams will have to wait a little bit longer. Today's opening race was postponed because the winds just more strong enough. For a look at the background of this race we're joined now by Bob -- him he is the president of the Saint Francis yacht club foundation. And the CEO of miracle one he's also previously won both and America's cup. And Olympic Medal thanks so much for being with us this afternoon but there. What I don't even following it and participating in the sport for many many years that the twists and turns behind this most recent America's cup. Almost like us what -- walk us through briefly if you would. What is happening in terms of the courtroom battles. That have led to the changes in the technology behind this. An and so forth and it's it's been quite a battle."

" Well it really has and unfortunately it detracts a bit from the event -- also part of the history of the event to. You know if you look at that the -- that a battle of two titans of industry rather than just to fill those racist you get into this. Agitating for more damage with the rules. And unfortunately. Defender the 2007. America's cup that the team only use the Swiss cheese cured by Ernesto -- rally. Rolled up protocol which -- suggested format for the racing that wasn't very fair to the other people involved in the cup and there was a dispute about that. Led primarily by Ellison's Oracle racing program that resulted in a series of court battle. About the kind of racing and if you go back to be originally T 51 -- deed of gift. It prescribed to a series of races. In the event that the challenger and defender don't agree on the Senate term and is called -- deed of gift to match and this is what we how. Now going on Valencia. "

" It's come a long way that would -- and some very different directions."

" He really had a Oracle when they challenged as the sort of forced on challenger of record the challenge with a boat that had a ninety foot by ninety foot footprints. And that can only mean a multi -- either try Moran are catamaran which is. Very different from the boat that we're still traditionally in the cup which are big mono hull about eighty feet long. With tremendous kill loads twenty times. These big -- primary and now are very very light and very high powered and move much more quickly and differently than the traditional boat used in the cup."

" In most sports there's a governing body there some sort of association where someone is in charge and they make this rules they set those parameters is that not the case here I mean why why is already -- advanced to a courtroom."

" Well it's a good point because historically the defender of the America's cup gets to host the event. And dictate many aspects of the rule. And there's been a group of us who belong agitated to. Take the running of the events into an independent third party just like. The NFL you know doesn't isn't run by the winner of the last Super Bowl. And to change -- really needs to be made to stop this kind of squabbling and court case scenario revenue and failing."

" OK so the the Oracle group who is being sponsored by golden gate yacht club does that mean that if they -- factor victorious and off the water sustained. That the cup comes back to San Francisco."

" But certainly migrated to open a lot of other people. That the day would be a fantastic area of the Americas cup suspecting. It would be a little bit different -- some of the more traditional venues. And then the wild card this material in the view of what the right thing to do with the event has."

" So he has the he has the option to bring it back to Sampras just ordered choosing any other location around the world."

" That that's actually correct he could solicit in the did an invitation from any other city that wanted to host the event."

" Thank you very much for your time we appreciate -- Bob billing him. He is the president of the Saint Francis yacht club foundation and the CEO of America one."