Because we know it’s easier said than doneMay 28, 2015 9:53
A nautical soap opera
A Supreme Court has ruled that Ras al-Khaimah cannot host the 33rd America’s Cup. Unfortunately, the emirate has already spent $120 million preparing for the race.
October 28, 2009 4:42 by Dana El Baltaji
After spending $120 million on infrastructure in preparation for the 33rd America’s Cup sailing race in February 2010, Ras al-Khaimah cannot host the event.
A New York State Supreme Court ruled on October 27 that Ras al-Khaimah is not a suitable destination due to the stipulations of the Deed of Gift, a 19th-century document that provides guidelines in the event of a challenge for the America’s Cup. According to the deed, the America’s Cup cannot be held in the Northern Hemisphere between November 1 and May 1.
In response to the ruling, defending champion Alinghi, part of the Société Nautique de Genève (SNG) explained on its website: “While the 1887 Deed stipulates that racing for the America’s Cup between 1 November and 1 May must take place in the Southern Hemisphere, Justice Cahn’s 12 May 2008 New York Supreme Court Order ‘that the location of the match be in Valencia or any other location selected by the SNG’ led [us] to select Ras Al Khaimah in the United Arab Emirates.”
Lucien Masmejan, SNG legal counsel said: “This is a disappointing result […] Ras Al Khaimah has put enormous time and effort into this 33rd America’s Cup project. We thank them and feel sorry for this unexpected result out of the New York court.”
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