Word: alinghi
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...says Burricks. "I didn't expect myself to come this far." In the rarefied world of the America's Cup, genuine underdogs don't come along very often. Only once has the Cup ever been won by a first-time challenger. That happened in 2003, when the Swiss Team Alinghi defeated Team New Zealand in Auckland, bringing the cup to Europe for the first time since a U.S. boat won the Auld Mug, in a race off the Isle of Wight back in 1851. Africa's yachting tradition is limited, to put it kindly. Though sailors in eastern and western...
...plastic Optimists around buoys in the harbor. Ask any kid here what he wants to do when he grows up, and he'll say he wants to sail on Shosholoza. "They've proved that they have the passion and the inspiration to take on such a tough challenge," says Alinghi's helmsman and sports director Jochen Schümann, who was in Cape Town recently to attend a Shosholoza charity auction. "It's an open question how far they will get." For many of South Africa's young sailors, blazing a trail for the next multiracial generation of sailors...
...five generations." Still, being the majority shareholder as well as CEO allows for some freedoms that would be unthinkable at any nonfamily company. Bertarelli spent most of the past six months in New Zealand preparing for the America's Cup, which he won for landlocked Switzerland with his yacht Alinghi. Although he kept in touch by phone, e-mail and videoconference, managing a company from the other side of the world was evidently a challenge, and Bertarelli put in place a deputy CEO--who is not a relative--to help...
...Onorato; British tech millionaire Peter Harrison; and, of course, all the old and new money associated with the New York Yacht Club. After the first round robin in the famously capricious winds of Auckland's Hauraki Gulf, two of the highest-spending syndicates, OneWorld Challenge (budget: $75 million) and Alinghi Challenge ($55 million) could be pleased that their investment had won them a share of the lead. But with six rounds to go before the February showdown with the Kiwis, nobody will be uncorking any champagne just yet. "The second round robin will be a lot tougher," said Alinghi skipper...