New Framework Of America’s Cup

Many are aware of the new framework of America’s Cup that was designed this year. The eight skippers who are to be part of the competition this year were asked to take a look at the existing terms of the old framework and bring about revisions in the same. The future of the event is tied to the terms that are laid down in the framework. The changes have been introduced in order to bring in a sense of continuity as well as stability in this reputed international regatta event which is considered one of the oldest trophy events in sailing.

The America’s Cup event authorities who oversee the events feel that the revisions made have brought in a hallmark change for the regatta series. This has come about after a span of 165 years. The teams coming together to bring about the changes also showcases an involvement of the skippers much beyond momentary participation in the events.

The terms of the new framework include details about costs of entering the race, the kind of boats that need to be built by the teams and so forth. Indeed, the skipper of the Oracle team USA as well as UK team skipper Sir Ben Ainslie has made important contributions in redefining the rules to allow the framework to adjust to changed boat and regatta conditions and requirements in recent times.

According to the Bareboat Charter in Trogir website, the new framework was released recently at the House of Garrard where the teams assembled in London. With the next two editions of America’s Cup are coming up in 2019 and 2021, the new framework terms will come into effect for these teams. Many feel that changes to the framework were long overdue. This is one of the most awaited events and this year the 35th version will commence in May and June months in Bermuda for which practice races are already in progress.