Industry

America's Cup sailing, Luna Rossa's challenge is made in Italy

Clashes between the five challengers start on 29 August, with semi-finals from 14 September and finals from 26, while New Zealand takes to the water from 12 October

by Mario Nicoliello

Photo by Eric Alonso/Getty Images

3' min read

3' min read

It is the oldest international sports trophy - first held in 1851 - and represents a event that combines technological evolution and environmental awareness. The America's Cup of sailing returns to Europe even though the holders are the New Zealanders.

The shock effect of edition number 37 is the organisers' decision to leave the port of Auckland and put the trophy up for grabs off the coast of Barcelona.

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So a competition between cities to host the silver jug (known as the Auld mag) was staged, but if in 2007 and 2010 Alinghi's choice was forced, as Switzerland is landlocked, this time the Kiwis opted for the Catalan capital simply following their financial instincts.

It was economically unprofitable to stay at home, as the Gulf of Auraki did not allow for an expansion of business. Landing in Europe will benefit the business by expanding the contributions of the host institutions, sponsorships and TV rights.

The first item is the key to everything, as the America's Cup has remained the only major world-class event whose main revenue comes from the host city.

Three years ago, the Kiwis combined the 35 million New Zealand dollars from the local government with another 10 million collected from sponsors and TV rights. The total turnover was therefore NZ$45 million (just under 26 million euros), while on the cost side 15 million was spent on TV production alone. There are no official figures on how much Barcelona paid to host the event, but the Catalan capital won out over Jeddah. The return to Europe allowed for the re-establishment of the historic association with Louis Vuitton, which once again became title partner of the event.

In addition, other global partners such as Coca Cola, Unicredit, Capgemini have arrived, attracted by the Mediterranean location. Finally, the finally favourable time zone will affect the collection of television rights (in Italy the Cup will be broadcast on Sky and Mediaset). It starts on 22 August with the preliminary regattas, then from the 29th the challenge between the five challengers, the British of Ineos, the Italians of Luna Rossa, the Swiss of Alinghi, the Americans of American Magic and the French of Orient Express: semifinals from 14 September and final from the 26th. The America's Cup proper - i.e. the challenge between New Zealand and the winner of the regattas among the underdogs - will be awarded from 12 October at the best of seven races out of thirteen. Prior to that, the women's and youth titles will also be awarded.

In the current campaign Luna Rossa has no role in the organisation of the event, whereas in the last one it was Challenger of Record, i.e. the leader of the challengers. President Patrizio Bertelli's team brings together 143 people, numerous business partners and a wide range of companies that support the union.

The title partners are Prada and Pirelli, the official sponsors Panerai and Unipol Group. Among the many companies involved, those most closely linked to the design, production and components of the AC75 Luna Rossa are Cropelli (mould production), Cmf (forging), Esteco (solutions for engineering optimisation and management of data and simulation processes), Wiit (Cloud Computing), Persico Marine (Nembro shipyard that built the boat), Cariboni (supplier of the hydraulic systems), Gottifredi and Maffioli (ropes and scottame), Campagnolo (components for racing bicycles, since the energy on board will be produced by pedalling), Wrs (wind domes), Re Fraschini (composite materials and metal).

Other Italian companies contribute to the challenge through solutions, programmes, supplies or means that facilitate the work of the team and its guests, enhance the athletes' performance or protect them during regattas. The category includes Cantiere del Pardo (supplier of hospitality boats), Technogym, Cetilar (nutritional supplements and medical devices for athletes), Dainese (technical equipment and protection), I-Pergola (solar panels 4.0), Ferrari Trento (bubbles and wine), Cadland (Plm solutions and virtual reality), Crs4 (interdisciplinary research centre). In short, a challenge under the banner of Made in Italy.

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