Word: moro
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Dates: during 1990-1999
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...specifications for contending vessels in 1989, technology became more important than ever as teams scrambled to build a qualifying boat that would respect the rules and still win races. New technology doesn't come cheap. The two boats competing in the finals -- America 3 from the U.S. and Il Moro di Venezia from Italy -- have together devoured $160 million in development costs. The millionaires funding these efforts, American energy entrepreneur William Koch and Italian businessman Raul Gardini, are hoping their largesse will pay off in the best-of-seven finals that began last weekend...
...swift final race certified Bill Koch's America 3 as the America's Cup defender, with veteran Dennis Conner's Stars & Stripes well astern and out of the competition, seven races to four. This Saturday the Americans will face Il Moro, the Italian entry, skippered by canny Paul Cayard, which won the challenger's match over New Zealand...
...trailing Koch's craft 4 to 2 in a best-of-13 final at the end of last week. In the challenger series, to decide which foreign entry will face the Americans on May 9, the New Zealand enjoyed a 4-to-1 lead over Italy's Il Moro di Venezia (pictured above with the red spinnaker in an early round against the Kiwis...