The cup is awarded to the winner of a match of up to nine races between yachts representing the yacht club which is the holder and a challenger. The cup originated from a fleet race in 1851 between the yacht America (owned by a syndicate representing the New York Yacht Club[?]) and the Royal Yacht Squadron[?] around the Isle of Wight. Stung by this blow to contemporary perception of invincible British sea power, a succession of British syndicates attempted to win back the cup. The New York Yacht Club remained unbeaten for 25 challenges over 132 years, the longest winning streak in the history of sport. The matches were held in the vicinity of New York harbor until 1930, then sailed off of Newport, Rhode Island for the rest of the NYYC's reign.
One of the most famous and determined challengers was Irish tea baron Sir Thomas Lipton[?], who mounted five challenges between 1899 and 1930, all in yachts named Shamrock. One of Lipton's motivations for making so many challenges was the publicity that the racing generated for his team, though his original entry was at the personal request of the Prince of Wales in hopes of repairing trans-Atlantic ill will generated by a contentious earlier challenger. Lipton was preparing for his sixth challenge when he died in 1931. The yachts from this era were huge by today's standards, with few restrictions.
After the Second World War, the 12 metre class of yachts were used. Alan Bond[?], a flamboyant and dishonest Australian businessman made 3 challenges for the cup between 1974 and 1980. He returned in 1983 with a golden spanner which he claimed would be used to unbolt the cup from its plinth, so he could take it home.
In 1983 there were 6 foreign challenging syndicates for the cup. In order to establish who would be the "challenger" for the cup, a series of elimination races were held, the prize for which was the Louis Vuitton Cup[?]. That race series has ever since been named after the prize. In the challenger series, the Bond syndicate won. Then with the yacht Australia II representing the Perth Yacht Club, designed by Ben Lexcen, and skippered by John Bertrand, the Australian syndicate won the America's Cup in a seven race match 4-3 to break the winning streak.
Beaten skipper Dennis Conner won the cup back four years later, with the yacht Stars and Stripes[?] representing the San Diego Yacht Club, but had to fend off unprecedented 13 challenger syndicates to do it. Bond's syndicate lost the Defender series and did not race in the final.
Technology was now playing an increasing role in the yacht design. The 1983 winner, Australia II, had sported an innovative but controversial "winged" keel, and the New Zealand boat Conner had beaten in the Louis Vuitton final in Fremantle was the first 12-metre to have a fibreglass hull construction rather than aluminium. The New Zealand syndicate had to fight off legal challenges from Dennis Conner's team who were demanding that 'core samples' be taken from the plastic hull (requiring the drilling of holes in the yacht hull) to prove that it met class specifications.
Then in 1988 a New Zealand syndicate, lead by merchant banker Michael Fay[?], lodged a surprise "big boat" challenge that returned to the original rules of the cup trust deed. Not wanting to be beaten, Conner's syndicate produced a new Stars and Stripes catamaran, which totally outclassed the challenger. The conflict descended into a bitter court room battle that ultimately confirmed that San Diego Yacht Club held the cup.
In the wake of the 1988 challenge, the International America's Cup Class (IACC) of yachts was introduced. These replaced the 12-Metre class that had been used since 1958. First raced in 1992, the IACC yachts are the ones used today.
The 2002-2003 Louis Vuitton Cup, held off Auckland, New Zealand saw nine teams from six countries staging 120 races over five months to select a challenger for the America's Cup.
The win by Alinghi meant Russell Coutts, who had previously sailed for New Zealand, had won every one of the last 14 America's Cup races he had competed in as skipper, the most by any America's Cup skipper. This meant he had won an America's Cup regatta twice as a challenger as well as having a major part in successfully defending one. Coutts was not the only New Zealander to be sailing for foreign syndicates in the 2002-2003 regatta. Alinghi alone had 4 New Zealanders as crew. Chris Dickson[?], skipper of Oracle BMW, also a New Zealander, had been involved in a previous New Zealand challange for the America's Cup. Whatever the outcome of both the Louis Vuitton Cup and the America's Cup, it was certain that the winning skipper would be a New Zealander from the first race of the Louis Vuitton Cup final.
The Alinghi team will defend the America's Cup in 2007, according to announcements made following their victory. The venue will be selected by Fall, 2003.
(Much more to cover yet)
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