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Russell Coutts weighs in: 5 ways to protect the future of the America's Cup

Russell Coutts weighs in: 5 ways to protect the future of the America's Cup

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russell coutts ways to protect the future of the America's Cup

Contracts can prevent Cup instability

Of course, the Australians should be there as an America's Cup Challenger, too. Hamilton Island Yacht Club became the surprise Challenger of Record in 2013, led by wine tycoon Bob Oatley, but then Team Australia pulled out after becoming increasingly frustrated with tense and protracted negotiations with the defender.

This is the third consecutive time that the Challenger of Record has failed to go the distance. Talk about instability and uncertainty.

“It’s a good reason why all the competitors should get together and decide certain foundations, aspects of the event,” Russell Coutts says. “You could do it by contract. I think you could mitigate those risks significantly [with a contractual arrangement].”

Photo by Andrea Francolini

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