America’s Cup: Billionaires and Espionage

“Yacht racing has been compared to tearing up $10 bills while standing in the shower. In the case of America’s Cup racing, make that $1,000 bills.” Time Magazine delves into the high rolling depths of international yachting with a feature on America’s Cup excess. Auckland is painted as a city awash with old and new money, the competition having snared such high-profile investors as Microsoft co-founder, Paul Allen, and shipping magnate, Vincenzo Onorato. The 2002 challenge opened with accusations that OneWorld stole three of the other teams’ design secrets. As the piece concludes, “dueling on the high seas would be nothing without an element of skullduggery.”


Tags: Auckland  Microsoft  One World  Paul Allen  Time Magazine  Vincenzo Onorato  yacht racing  

One Point Closer to Hall of Fame for Lydia Ko

One Point Closer to Hall of Fame for Lydia Ko

New Zealander Lydia Ko has started her new season in style with victory at Florida’s Hilton Grand Vacations Tournament of Champions on the LPGA Tour, Mike Hall reports for the UK…