RAMBLER SEQUEL

The america’s cup race course for San Francisco Bay is published.

The following update is from Sailing Anarchy.

the ‘blur story

Our friend Aaron Kuriloff from Bloomberg News sends in his story on the Rambler Fastnet capsize from the Bloomberg Pursuits magazine.

The 100-foot carbon-fiber yacht was doing what it was designed to do, surging down the waves, at moments actually sailing faster than the wind. The boat, Rambler 100, and skipper George David, the former chief executive officer of United Technologies Corp., were leading the fleet in
the U.K.’s famous Fastnet ocean race.  It was Aug. 15, 2011, and the giant sloop was beginning to act like the champion that hedge-fund manager Alex Jackson had in mind when he had it built, Bloomberg Pursuits magazine reports in its premier issue.

In July, Rambler 100 had been first to finish the Transatlantic Race from Newport, Rhode Island, to the Lizard, Great Britain’s southernmost point. In one 24-hour period during that passage, she logged 582 nautical miles, just 14 shy of the record for a monohull (catamarans and trimarans go faster). That’s an average speed of 24.25 nautical miles per hour, or knots, equal to about 28 miles per hour.

At 5:17 p.m. local time, Rambler 100 rounded Fastnet Rock in the Atlantic Ocean, 8 miles (13 kilometers) off the Irish coast, reaching the race’s halfway point on pace to claim a course record. At 5:40 p.m., everything went wrong.

The 29,000-pound (13,000-kilogram) stainless-steel-and-lead keel broke off without warning. The boat spun and stopped and within 15 seconds was on its side, sails flat on the water. Some
among the 21-person crew were thrown clear of the boat; others scrambled out of the cabin as the yacht’s roll continued. In 60 seconds, Rambler 100 was upside down, its mast pointing to the
seafloor.

Adrift

Crew members who made it onto the overturned hull helped pull others from the water, while five people, including 69- year-old David, were swept by wind and current away from the boat. Winds were gusting to 30 knots, visibility was poor and the water was 57 degrees Fahrenheit (14 degrees Celsius). A person without protective gear might expect to lose consciousness in an hour or two and die from hypothermia in six. George David’s love of the water goes back to when he was a teenager sailing small boats. He moved up to 40-footers in the 1970s when he was manager of Otis Elevator’s Latin American operations, stationed in Florida. As he climbed the corporate ranks and grew wealthier (he was worth at least $250 million by the time he retired in 2009, according to data compiled by Bloomberg), his sailing grew more ambitious. In 1999, his state- of-the-art, 50-foot sloop Idler represented the U.S. in the Admiral’s Cup, a prestigious international regatta. In 2006, David acquired a 90-foot (27.5-meter) yacht secondhand, named it
Rambler and went on to set records in several ocean races.

Takeover

Then David worked out an arrangement to take over Jackson’s vessel. The retired executive would run the racing campaign in 2011, serve as skipper, rename the boat Rambler 100 — and pay the bills. The costs at this level of competition, for crew, insurance, repairs, upgrades, travel and so on, can reach $6 million a year. For his money, David had his hands on a boat with an
ultralight hull, giant sails and a radical ballast system that involved water tanks and a keel that pivots — and the potential to finish first in almost any race.

Alex Jackson, 46, co-founder of Polygon Investment Partners LLP, a London hedge-fund firm that today has about $7 billion in assets, had less experience than David with the biggest boats.
He earned All-American honors sailing dinghies for Tufts University’s team and then grew to favor windsurfing. For much of the period from 1986 to 2008, the simple surfboard-with-a- sail was the fastest wind-powered watercraft, pushing the record for average speed on a straight 500-meter course to almost 50 knots. (Today, the title is held by a kiteboard.)

Volvo Boats

Jackson coveted windsurfing’s raw speed. Still, advances in large offshore yachts in the mid-2000s eventually got his attention. He took note, in particular, of the boats Juan Kouyoumdjian, a designer based in Valencia, Spain, was creating for the round-the-world Volvo Ocean Race. These powerful and innovative yachts were pushing the speed record for 24 hours of ocean sailing ever higher.     “It was obvious that sailing had taken this huge jump,” Jackson says. “Juan K. had turned sailboats into windsurfers.” Jackson hired Kouyoumdjian with the brief of creating the fastest monohull in the world. He picked a name for his yacht: Speedboat.

Kouyoumdjian’s Design

The project pushed the boundaries of what had been done before, Kouyoumdjian says. He incorporated all of the innovations that made his 70-foot Volvo racers fast — the most radical of these being the canting keel. From the days of rocks piled in the bottom of wooden hulls, keel design has constantly evolved. A typical shape for a modern racing sailboat is a deep fin, like an airplane wing, with a bulb of lead at the bottom that carries most of the weight. The deeper this ballast, the more power it has to counter the force of the wind heeling the boat. Now imagine a system that swings the keel fin as much as 45 degrees to one side of the boat or the other. The leverage jumps dramatically. That’s a canting keel.

For Jackson, Kouyoumdjian wanted minimum weight and maximum sail area to make the boat fast, balanced against the need to build the yacht strong enough for the pounding of waves and
wind. “On the one side, you’re looking for performance; on the other side, safety,” Kouyoumdjian says. The hull was constructed by Cookson Boats in Auckland, which built New Zealand’s 2007 America’s Cup entrant. In April 2008, just three days after it was launched, Speedboat hit 28
knots in Auckland harbor — in just 18 knots of wind.

Laws of Physics

That doesn’t violate the laws of physics. A boat can’t exceed the wind speed when running dead downwind. With the wind from the side, however, many boats top the true wind speed. The
velocity of the wind and velocity of the boat combine to create an “apparent wind” across the sails that exceeds either component. Some catamarans sail twice as fast as the wind. In Kouyoumdjian’s design, adding 30 feet of length to a Volvo racer meant the sail area almost doubled. The carbon-fiber mast was 145 feet.

“Juan K. took the smaller boats’ tech and applied it to the Maxi realm, and in doing so created a boat that was much more powerful than a typical 100-footer,” says Peter Isler, a navigator on two winning America’s Cup boats. “It was pushing the limits.” Isler has been part of the boat’s brain trust since it was launched and was aboard when it capsized. Jackson gave up his hedge-fund duties in June 2008, when his boat arrived in Newport, and turned to racing. That month, in the Newport Bermuda Race, Speedboat was first to finish, ahead of about 200 competitors.

Transatlantic Attempts

At the end of that month, Jackson and his team set out to try for a transatlantic record. They quit after a day, having broken a key piece of equipment. Jackson tried again in October,
this time with Richard Branson among the crew and his Virgin Money as a sponsor. That attempt ended two days out of New York after a gale damaged sails.

Sailing fans were beginning to speculate on blogs that the boat was unseaworthy. “There were a lot of people talking smack,” Jackson says. “The people whose opinion I respect knew what was good, what was bad and what needed to be done.” Still, Jackson returned to managing money, and Speedboat spent most of 2009 at the dock. “I saw the boat basically sitting there, with Alex working 27 hours a day,” says David. They reached an agreement for David to sail the boat as a part owner in 2011. Speedboat became Rambler 100. David, in many ways, began to get it up to its potential — until the Fastnet.

Capsize

It sounded like a cannon being fired when the keel failed, David says. Three people scrambled over the lifelines and up onto the bottom of the boat as it rolled — without even getting wet. Most of the crew ended up in the water but near enough that they could make it onto the overturned hull. David and four others were thrown farther from the boat. That group, including David’s girlfriend, Wendy Touton, 46 at the time, realized they were drifting away from the stricken yacht.
“There was absolute calm,” David says. “No panic. No anxiety. No flailing around. You’re fatalistic in that situation.” While they all had on flotation vests and foul weather gear, the main hazard they faced was hypothermia. As the hours ticked by, they got colder. The sun was dropping. The crew on the hull tried and failed to signal several sailboats that raced by. They didn’t have flares or a hand-held radio. Those items and other emergency gear, including life
rafts, turned out to be inaccessible once the boat was upside down.

Rescue

What saved them were two emergency locator beacons they activated. These sent a satellite signal, and a lifeboat based in Baltimore, Ireland, in County Cork, was dispatched. It arrived on the scene at 7:45 p.m., and only then did the search begin for the group drifting out to sea.
Luck was with David and his crew. Around 8:30 p.m., the crew of the Wave Chieftain, a dive boat that had been on the water that day to photograph the racers rounding Fastnet Rock,
spotted a red blob in the ocean swells. The five sailors were found. Touton, suffering more than the others from the cold, was taken by helicopter to a hospital to be treated for hypothermia.
The rest of the crew were reunited in the town of Baltimore, where local residents provided dry clothes, warm food and beer.     The hull of Rambler 100 survived. It was towed to a bay on
the Irish coast, righted and pumped dry. The stub of the keel fin that remained after the break is being examined by a team of metallurgists and engineers.

Indestructible

Things break all the time on racing yachts, but the keel is supposed to be indestructible. As David puts it: “It’s not the sort of thing you pay attention to, because it’s designed from
day one to be permanent, solid, secure and good.”  As befits the former head of an aerospace company, David is confident the scientists will figure out what went wrong. Until they do, he and Jackson won’t know whether it makes sense to restore Rambler 100 and sail her again.

David holds no grudge against the boat that almost got him killed. In an interview four months after the accident, he says he had “a lot of fun” racing Rambler 100 in 2011. He was back on
the water, racing his 90-footer from Fort Lauderdale, Florida, to Key West in January. The older boat is fast and agile, he says. “But it feels small.”     What’s the attraction of big-boat racing? The retired executive doesn’t invoke the beauty or power of the sea or even the thrill of a fast yacht.  I’ve often said racing is like a year of business compressed into a short time,” David explains. “There are all the same elements: design and technology, program management,
organization, staffing, teamwork, rules, tactics and luck.”     He still covets ocean racing records, even if in the cold Atlantic last August, his luck seemed to be running thin.

IT’S ONLY MONEY

Projected costs associated with the America’s Cup have skyrocketed to $163 million — up from the city’s 2010 estimate of $86 million. Meanwhile, doubts are growing about whether the event will be as exciting or as lucrative as initially projected.

The cost to overhaul dilapidated piers has more than doubled over the past year — from $55 million to $111 million.

Under a proposal that will go before the lawmakers this month, America’s Cup organizers, led by billionaire software mogul Larry Ellison, would pick up the tab for most of those costs in the short term, and then recover them from the city and its port through long-term leases or ownership of public waterfront land.

The San Francisco Board of Supervisors’ budget analyst, Harvey Rose, wrote in a report published Thursday evening that the city would need to spend $52 million on police, transit and other services to host the regattas this year and next — that’s up from an estimate of $31 million published in late 2010.

To partly defray those costs, Rose estimated that San Francisco would reap $22 million from additional sales and hotel taxes and other revenues generated from visitors and event-related spending.

A nonprofit group established by America’s Cup organizers to raise funds to defray city expenses aims to raise $32 million. So far, that group has told the city that it has received pledges for at least $12 million.

The supervisors’ budget and finance committee hearing into the proposed deal will be held on Wednesday. The full board will vote on the plan later this month.

Source: The Bay Citizen (http://s.tt/15Djm)
The America’s cup has been moving away from the public a little more every year. At the same time, never has the America’s Cup needed the public as much as now. I find the overtures by the AC to the public are awkward at best. San Francisco is caught in the middle without a voice. As I have written in the past “be careful what you wish for:” Imagine if this was happening in Newport.

LEG 3 OF VOLVO

I am have been troubled by this edition of the Volvo Ocean Race. It has become less of an Ocean race frankly; The Legs are short both in distance and time, as the boats are so quick. It has lost it’s luster.
Speaking of losing it’s luster, the America’s Cup, over these last few years has been a soap opera. Still, we are all waiting with anticipation the 72 foot solid wing catamarans.

SMOKE, MIRRORS, AND REALITY
By Rod Davis, Emirates Team NZ
(January 23, 2012) – The trick is to keep the eye on the ball …

It has been a bizarre time for the America’s Cup; the war of words and press releases has been nonstop for five years when Oracle questioned Alinghi’s Challenger of Record. Since then we have been fed a fatty diet of spin doctoring.

Some would say “situation normal for the America’s Cup”. Not in my experience and I have been in the game a long time. Take the headline “Ainslie launches America’s Cup campaign”. What?

Uncle Larry is underwriting Ben’s AC45 sailing and then he joins Oracle in the defence for the USA. Where is the Ben Ainslie America’s Cup campaign in that? Or the nine challengers listed in the America’s Cup web site, when, in reality only three have paid the money. The trick is to not allow the spin doctors to distract you from the real game.

When you blow away the smoke and see through the mirrors you find the America’s Cup as it is:

Here’s what you need to know:

1) The America’s Cup will be sailed in San Francisco in 2013 in 72ft winged cats.

2) Each team will have the most advanced and competitive boat that it can produce and then sail it the very best it can.

3) The challengers (Artemis, Luna Rosa, and Emirates Team New Zealand) will compete in a Louis Vuitton Cup challenger series to decide who goes to the America’s Cup.

4) Oracle goes directly to the finals (the America’s Cup match).

5) Each team is allowed to build two AC72 boats; the first cannot be launched before July this year.

Point No 2 is the most important and the one that must be done better than all the competition. Everything else is detail.

LARRY ELLISON IN NEWPORT


Ben Ainslie’s much anticipated press conference this morning, expected to be about Big Ben sailing in the America’s Cup for Oracle. Meanwhile Larry Ellison through a lawyer has presented a proposal for the future of Beechwood
BeechwoodBeechwood could be restored to its past glory if renovations to the historic property are approved. Above, a loggia designed by Richard Morris Hunt that was lost to a storm, would be rebuilt.

By Tom Shevlin

NEWPORT — When yachtsman and Oracle CEO Larry Ellison purchased the Astor’s Beechwood two years ago, speculation swirled as to the historic manse’s fate.

Would it become his summer home? A home port to use as he sailed the northeast? Or would it be a simple trophy home – a house built by a titan of American industry, once again in the hands of another?

It appears that we now have an answer.

Plans submitted to the city’s zoning department on Tuesday detail the project.

Once rennovations are complete, Ellison plans to re-open the property to the public as an art museum through the newly created Beechwood Art Museum.

According to Newport attorney Peter Regan, who is representing the applicant locally, the property is currently zoned as a museum and single family dwelling. And while its use as a museum will remain the same, significant changes are also planned.

While the building had most recently been used as a living history museum and special events center, Ellison’s Beechwood will house a special collection of artwork personally owned by Ellison on the first floor, and a private residence on the second floor.

Regan likened the project to that of the Frick Museum in Manhattan, where artwork will be set amidst a residential backdrop.

The museum will be operated by the Atlantic Arts Museum, a 501(c)4 non-profit that will lease the property from a private holding company, thereby keeping the property on the tax rolls.

According to Regan, once renovations are complete the museum will be open to the public “from day one” and the view from both Bellevue Avenue and the Cliff Walk will be preserved. Further, rather than competing with existing art institutions, Regan says he believes the property will enhance Newport’s reputation as an arts destination.

SOMETHING LOGICAL

I hope everyone had as nice a Christmas as I did, which was in Venice.

 

At last a move that seems so logical, we wonder what took them so long to act on the thought. Valencia has an infrastructure like no other place for the America’s Cup. Additionally, the America’s Cup belongs in Europe from a sailing audience point of view.

The HR Constitution – the cargo ship that has served as the main mode of transport between America’s Cup World Series venues – has arrived in Valencia where it will discharge its cargo.

All of the ‘materiel’ on the ship will be offloaded in Valencia before the HR Constitution is returned to its owners in time for Christmas.

“We took the decision to land the equipment in Valencia, after considering several factors,” explained Regatta Director Iain Murray. “There is a possibility for a number of teams to train together in Valencia, given the local infrastructure from the previous America’s Cups there.

“And for ACRM, Valencia is also an ideal place for us to undertake remedial maintenance work on our fleet of support boats and equipment. Several of our employees live in Valencia, making it even more convenient.”

The America’s Cup has secured some 2,500 square meters of space in the Port to store all the cargo and to complete the work on the support boats.

According to Andy Hindley, the Chief Operating Officer for America’s Cup Race Management, the use of the HR Constitution to ship the America’s Cup World Series fleet from Portugal, to the UK, to San Diego and back to Europe this year has been a winning formula.

“The chartered vessel has been a great success and delivered the logistics needed better than we hoped,” Hindley said.

Following a three month stop in Valencia, all the equipment will be shipped out from Valencia in the middle of March, in time for the start of the World Series event in Naples, Italy on April 7, 2012.

Banque Populaire V is holding a 1,000 mile lead over the ghost ship Groupama sailing in day 36.

THE AMERICA’S CUP HEADING BACK TO COURT?

Cory Friedman has written, as always, a fine provocative article concerning the possibility of the America’s Cup heading back to court: click here.

Briefly, the African Diaspora Maritime Corporation has filed a complaint in the New York Supreme Court alleging the the Golden Gate Yacht Club improperly prevented them from participating in the America’s Cup series.

I think we have all had the feeling that the America’s Cup had gone astray from it’s sailing roots. It has had a checkered past; if one look’s closely at the history of the event.

The New York Yacht Club, in the 12 meter years, despite the criticism, they received, had tried to be good custodians and preserve the event as set out in the deed of gift.

While it remains to be seen what the court will say about this latest challenge, Larry Ellison’s behavior, if we care, has been one of a spoiled child. He is after all used to getting his way.

 

STAMPS

I have collected stamps most of my life. These are a few from my collection which relate to yachting. Stamps are often issued to commemorate events in history. It was a wonderful way to introduce history to a child. I have been working on an inventory (of thousands of stamps) which has become the work of sisyphus.

I have been reading the news like most of you. Puma is trading the lead with Telefonica and Groupama is now well behind.

Dean Barker won the first event in San Diego in the AC 45’s.