Oracle Team USA is an American yacht racing syndicate initially formed to compete for the 2003 America's Cup . They competed again in the 2007 event before winning the 33rd America's Cup regatta in 2010 – representing the Golden Gate Yacht Club . The team also won the 34th America's Cup in 2013.
22-610: The Louis Vuitton Cup is the name of the Challenger Selection Series sailing competition from 1983, named after its sponsor , Louis Vuitton . The winner of the competition became the challenger to compete with the defender of the America's Cup . The competition for the 2017 America's Cup changed format and name to the Louis Vuitton Challenger’s Trophy . The following series, in 2021,
44-470: A close its longstanding partnership with Oracle Racing and thereby ending its involvement in the America's Cup. Subsequently, the syndicate was renamed to Oracle Team USA to compete for the 2013 34th America's Cup. The team was created by purchasing the assets of Paul Cayard ’s AmericaOne syndicate which was the losing finalist against Luna Rossa in the 2000 Louis Vuitton Cup . The syndicate got off to
66-524: A rocky start with changes in the skipper position, alternating between Cayard and Chris Dickson , to Dickson alone, to Peter Holmberg , and then back to Dickson. Bob Wylie was a key member of the 2003 team contributing mainly to the tactics. Oracle reached the finals of the 2003 Louis Vuitton Cup , losing to Alinghi 5–1. BMW Oracle Racing through the GGYC was the Challenger-of-Record for
88-762: The 2007 America’s Cup which was held in Valencia , Spain . BMW Oracle Racing, lost to Luna Rossa Challenge 5 to 1 in the 2007 Louis Vuitton Cup Semi Finals. Larry Ellison hired Russell Coutts to be the CEO of the 33rd America's Cup campaign. In July 2007, the Golden Gate Yacht Club , sponsoring BMW Oracle Racing, filed a challenge with the Société Nautique de Genève for the 33rd America's Cup stating that they did not believe that SNG's hand picked challenger, Club Náutico Español de Vela (CNEV)
110-522: The AC45 . Participation was compulsory to take part in the Louis Vuitton Cup. Challenger (America%27s Cup) The Challenger in the America's Cup sailing competition is the team that challenges the defender to win the trophy. Only seven times in America's Cup history has a challenger syndicate won the trophy. Oracle Racing The syndicate was initially named Oracle for
132-628: The Louis Vuitton Pacific Series and Louis Vuitton Trophy . After Oracle Racing won the America's Cup for the Golden Gate Yacht Club in the 2010 Deed-of-Gift race against Alinghi , Louis Vuitton again sponsored the challenger series for the 34th America's Cup which was held in 2013 on the San Francisco Bay. Louis Vuitton also sponsored the heats to the 2013 and 2017 America's Cups; These "world series" were sailed in smaller 45 ft wingsail catamarans,
154-516: The 2003 campaign and backed primarily by Larry Ellison , the co-founder and CEO of Oracle Corporation , but was renamed in August 2004 to Oracle BMW Racing to reflect the German company's role, and subsequently revised again to BMW Oracle Racing to reflect increased involvement from BMW . At the end of December 2010 it was announced that by mutual agreement of both partners, BMW was bringing to
176-574: The America's Cup (the key word being "international": in 1964, for example, two British challengers competed for the right to challenge the NYYC.) For the 1983 America's Cup match, the Royal Sydney Yacht Squadron, the "Challenger of Record", contracted with New York Yacht Club member, Paul Madden, to create "The Challenger's Cup". Paul Madden then contracted with Louis Vuitton to be the first sponsor of this Cup series that led up to
198-458: The Louis Vuitton Cup has had to eliminate challengers in two phases. A round-robin points accruing phase, and then a pair of semi-finals involving the top four, followed by a final between the top two. The semi-finals and finals are a best of nine races between two boats. Between the 2004 and 2007 Cups, Louis Vuitton sponsored thirteen " acts " of competition, with the first three acts not awarding points toward rankings. Some challengers do not enter
220-488: The best-of-three series and becoming the first American syndicate to win the cup since 1992. The rigid wing sail of USA 17 provided a decisive advantage and Golden Gate Yacht Club won the 2010 America's Cup by a considerable margin. Oracle Team USA competed in the 2011–13 America's Cup World Series . In August 2013, the competition jury received a report from Oracle Team USA that their boat and others they had loaned had unauthorized modifications. The team withdrew from
242-428: The competition by the start of the acts. Rules for the current races (2005–2007) stipulate that ranking points awarded for each act of competition will increase as they get closer to the final. For acts taking place in 2005, standard points were awarded, with 11 ranking points for a first-place finish, and points awarded decreasing based on placing. Acts in 2006 double the points, with 22 ranking points for first place, and
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#1732779940113264-471: The competition on 8 August 2013. Penalties imposed included expelling three team members, a $ 250,000 fine, and a one-point penalty for each of the first two races of the Match in which they would otherwise score a point. Oracle Team USA's Larry Ellison declared that the 34th America's Cup would be sailed on AC72 class wing-sail catamarans . Oracle Team USA experienced the first major accident involving
286-552: The exception of the America's Cup races in 1988 and 2010 , the winner of the Louis Vuitton Cup has been awarded the right to challenge the current defender for the America's Cup. During the 1992 and 1995 regattas Citizen Watch offered a trophy to the winner of the defender selection series (the Citizen Cup ) as the defense’s counterpart to the Louis Vuitton cup. Due to the large number of challengers in recent decades
308-444: The final act 13 which takes place in 2007 will award triple points, giving 33 points to the winner. History shows that the Louis Vuitton Cup series enhances the chances of the challenger due to the intense racing against different opponents which improves the tactics and crew co-ordination of the winner. Differences in boat speed are becoming less and less, placing an even greater premium on reliability, superior tactics, and crewing. In
330-477: The greatest comebacks in sports history". Oracle Team USA was runner up in 2015–16 America's Cup World Series . Oracle Team USA was the defender of the 35th America's Cup . The event took place in the Great Sound of Bermuda in 2017, with challenger selection through the 2017 Louis Vuitton Cup on June 5–25. The finals against Emirates Team New Zealand were June 17–26. The new AC50 class rule governed
352-455: The main event. Louis Vuitton offered a trophy to the winner of the challenger selection series; the idea was Paul Madden's, but is generally credited to Bruno Trouble, a French yachtsman. The initial Louis Vuitton Cup was contested off Newport, United States, with Australia II prevailing, thereby earning the right to meet the NYYC’s defending yacht Liberty in that year’s America’s Cup. With
374-447: The new AC72 class, when the boat capsized during training off San Francisco on October 16, 2012. Oracle Team USA successfully defended the trophy and won the 2013 America's Cup on September 25, 2013. They accomplished this achievement by coming back from 7 points down and one point away from defeat in the series, and completing the largest in-series comeback in America's Cup history. The Wall Street Journal later called it "one of
396-519: The races; Oracle Team USA launched their yacht in February 2017. Oracle Team USA ultimately lost the challenge 7–1 to Emirates Team New Zealand. Oracle Team USA did not issue a challenge within the initial challenging deadline for the 36th America’s Cup presented by Prada, June 30, 2018, ending Oracle's fifteen year presence in the Cup races. Oracle Team USA skipper James Spithill previously indicated he
418-498: The weeks leading up to the America's Cup competition, the defender has to mainly practice using in-house racing which can never be as intense as real competition. In July 2007, Louis Vuitton announced termination of all its sponsorship activities associated with the America's Cup after 25 years of involvement, arguing the organisation of the America's Cup was taken over by business under the rule of Ernesto Bertarelli , leader of Alinghi , winner in 2003. Louis Vuitton instead sponsored
440-460: Was a qualified club under the Deed of Gift . After extensive court action, Golden Gate Yacht Club was declared Challenger of Record and sailed against SNG's team: Alinghi, in February 2010 in Valencia , Spain . The competing boats, Alinghi 5 and USA 17 were both 90-foot multihulls. BMW Oracle Racing won the America's Cup on February 14, 2010, off Valencia, Spain, beating Alinghi 2–0 in
462-538: Was named the Prada Cup after its new sponsor. In 2024 the challenger selection series will again be named after Louis Vuitton. Five out of the nine winners of the Louis Vuitton Cup competitions subsequently won the America's Cup itself. In 1970, for the first time in America's Cup history, multiple "international" challengers competed for the right to challenge the New York Yacht Club, the defender of
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#1732779940113484-556: Was returning to challenging team Luna Rossa for that competition. The BMW Oracle/Oracle USA team has owned a number of boats, including: The team also appeared on the Series 20 premiere of Top Gear , emerging victorious in what was called by some a Cat Vs. Car race. Set in New Zealand, it matched Oracle in its AC45 with James May as a passenger against Jeremy Clarkson in a rented Toyota Corolla or Toyota Auris from
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