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...Australian campaign has had an unlikely Nelson: Allan Bond, 45, a chunky, feisty Perth entrepreneur and onetime sign painter, who has spent $16 million in ten years pursuing what many of his countrymen dismissed as a manic obsession. This is his fourth bid, Australia II his third boat. In Ben Lexcen, 47, Bond found a naval architect who could radically change the design of a 12-meter boat, a field that has seen little technological innovation in years. In secret tank tests in The Netherlands, Lexcen developed a keel like nothing ever used before: with two delta-type wings weighing...

Author: /time Magazine | Title: Sport: The Best Cup Challenge Ever | 10/3/1983 | See Source »

...head back up to windward. He was about a minute too late. By the end of the race, in constantly shifting winds of up to 19 knots from the southwest, Bertrand led by a whopping 3 min. 25 sec. The series was tied 3-3. From London to Perth, the betting was on Australia...

Author: /time Magazine | Title: Sport: The Best Cup Challenge Ever | 10/3/1983 | See Source »

...million inhabitants of Perth, Australia II's home port, probably had less sleep than any other people in the world. On race days, radio coverage began around midnight and did not end until 6 a.m. "I've managed three hours sleep every night this week, and my colleagues say I'm doing well," said Perth Lord Mayor Michael Michael. In Britain, where the press had lost interest in the series after its own entry was beaten by Australia II, the series was again a Page One story. In France, savoring the spectacle of Americans having to take...

Author: /time Magazine | Title: Sport: The Best Cup Challenge Ever | 10/3/1983 | See Source »

Australia II's heist of the ex-America's Cup raises all sorts of questions about the future of the World Series of sailing. First, what will the races be called three years from now in Perth? The Cup was not named for this country but for the yacht which beat a fleet of British boats in the first series way back in 1856. Calling it Australia II's Cup for the next few years would be a fitting barb to leave in the NYYC's flesh...

Author: By John F. Baughman, | Title: Where Is Perth, Anyway? | 9/28/1983 | See Source »

That snappy performance reflected the damn-the-expense attitude of Alan Bond, 45, the swashbuckling tycoon from Perth (real estate, mining, oil), who heads the Australia II syndicate. Bond, a onetime sign painter, is making his fourth try for the Cup, a record surpassed only by Britain's indomitable Sir Thomas Lipton earlier in the century. In his latest bid, Bond could spend as much as $3.5 million for a prize initially valued at only 100 guineas (about $70 by current reckoning...

Author: /time Magazine | Title: Sport: Here Come the Aussies! | 8/29/1983 | See Source »

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