The ongoing litigation between Larry Ellison and Ernesto Bertarelli drags on. This article in last Wednesday's New York Times sums up the latest fiasco. Arguably the last AC in Valencia was the best ever but since then it's just become depressing.
There are so many issues at hand. Is the Deed of Gift out of date in today's sporting world or are its ambiguities and resulting arguments part of what makes the Americas Cup special? Is the DOG race a farce or is it part of what makes the Cup different? Was Larry Ellison right to challenge Alinghi or would it have been better to accept Bertarelli's plan?
The big question is this: Is this very public argument irreparably undermining the Americas Cup? In the last few weeks I have heard a number of sources talk about other events taking over the mantle of premiere prize in sailing like the Volvo Ocean Race or the recent New York Yacht Club Invitational regattas.
Let me know what you think by answering the poll to the left or leaving a comments below?