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Club: Golden Gate Yacht Club, USA
Skipper: Peter Holmberg
Design: Bruce Farr
Main Backer: Larry Ellison
Main Sponsor: Oracle
Budget: $80 million
www.oracleracing.com
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In the world of America’s Cup racing, money counts. As such Oracle Racing, with their hefty $90 million budget, nearly three times that of GBR Challenge, seem a good bet. But success rides on a question that’s on everyone’s lips: will Larry Ellison become the most high-profile owner/driver in world sailing? The debate about the rights and wrongs of a wealthy team owner taking control of a grand prix America’s Cup team rages on with valid arguments on both sides.

The bottom line is that if Ellison wants to drive his America’s Cup boat, he probably will. And there is recent precedent to suggest it can be done; Bill Koch didn’t steer the starts and upwind legs in 1992, but he took the wheel on the famous ‘Zee Legs’ and didn’t let Paul Cayard and the challenging Italian Il Moro team past once.

The Oracle campaign would have ranked alongside Alinghi at the outset. Formed out of the remnants of Paul Cayard’s AmericaOne syndicate that pushed Prada hard in the Louis Vuitton final, this would have been an American dream-team if only Cayard and Chris Dickson, two men hand-picked by Ellison, could find a way to get on. Needless to say, cracks began to appear, but there was surprise all round when it was Cayard and not the enigmatic Dickson who was suddenly sidelined. Dickson soon followed, leaving Peter Holmberg as the figurehead skipper and strong rumours that Ellison was preparing to play a key role.

Now Oracle are something of an unknown. While Holmberg has found match racing form and grown into the role of key player, it is difficult to know whether the team are on a path to greatness or simply managing to avoid imploding on a day-to-day basis.

In nominated designer Bruce Farr, the team have a major player who is still desperately hungry to make the mark on America’s Cup design that has so far eluded him; his New York Yacht Club boats of the last event were so respected (apart from the fact that one split in half!) that Prada immediately bought one to see what made it tick.

On paper, Oracle would have been a semi-final certainty a year ago. They still have the budget and firepower to perform if the unknowns are answered in an adequate fashion.
 
 
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