Economics
Ellison’s $100 Million Best Money Can Buy Sunk by Kiwi Sailors
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Larry Ellison’s vision of the America’s Cup as a high-speed, audience-friendly television event is desperately chasing New Zealand’s yacht design and seamanship.
Ellison’s $100 million campaign with Oracle Team USA is losing its grip on the 162-year-old trophy, needing to win every remaining race in a series with Emirates Team New Zealand off San Francisco to retain the right to organize the next event.