WSTA appoints two to board of directors of America’s Cup Race Management

The World Sailing Teams Association (WSTA) has appointed two directors to the ...

WSTA appoints two to board of directors of America’s Cup Race Management

October 07, 2010

Written by Chelsea Smith

The World Sailing Teams Association (WSTA) has appointed two directors to the board of America’s Cup Race Management (ACRM) as per the Protocol for the 34th America’s Cup.

Mikhail Tuzov (RUS) and James Farmer (NZL) will join the five-person board with immediate effect, their names having been put forward for consideration by the Synergy Russian Sailing Team and Emirates Team New Zealand respectively. The WSTA voted this week on their nomination to the ACRM board.

The World Sailing Teams Association (WSTA)

The World Sailing Teams Association (WSTA)

“Having representation on the board of ACRM is an important check and balance on the overall fairness of the next America’s Cup for all teams,” said Paul Cayard, the chairman of the WSTA. “We are confident our nominees will greatly contribute to the execution of the vision for AC 34 while representing the interests of the challengers in the management of the event.”

ACRM is the body charged in the Protocol with providing “neutral, independent, professional, and fair race management” for the next edition of the America’s Cup.

The board of ACRM consists of five people – the recently appointed Regatta Director Iain Murray (AUS), as well as one representative from the Defender, one from the Challenger of Record, and the two appointed by WSTA.

Mikhail Tuzov is a businessman, engineer and investor in Russia who was among the founders of the Synergy Russian Sailing Team, which has successfully competed in the TP52 Class on the Audi MedCup circuit and in the Louis Vuitton Trophy.

James Farmer is a Barrister and Queen’s Counsel in New Zealand and has been a Director and Trustee with Emirates Team New Zealand since 2004. He was the team’s representative on the Challenger Commission during the 32nd America’s Cup.

“ACRM welcomes the appointments of James Farmer and Mikhail Tuzov as WSTA’s board representatives to ACRM,” said Iain Murray, ACRM CEO and Regatta Director of the 34th America’s Cup. “This brings us one step closer to formalizing ACRM and moving forward on preparations for running the 34th America’s Cup regatta. The Board will play an important part in assuring a fair competition for all.”

As per the Protocol, the two members nominated by WSTA will have their positions on the board confirmed by a majority vote of the Competitors Forum following the close of entries for the Cup early next year.

The WSTA was created in the spring of 2009 to promote the interests of the some of the top sailing teams in the world. In partnership with Louis Vuitton, the WSTA has organised three Louis Vuitton Trophy events, with a fourth and final regatta scheduled in Dubai next month.

Louis Vuitton Trophy.

Louis Vuitton Trophy.

 

Dubai event will mark the final regatta of the Louis Vuitton Trophy - Image credit to DIMC

Dubai event will mark the final regatta of the Louis Vuitton Trophy - Image credit to DIMC

About WSTA
The World Sailing Teams Association (WSTA) was founded in 2009 by a group of professional yacht racing teams to develop regular high-level match race regattas in large and complex racing yachts. The WSTA is jointly owned by its nine shareholders (the teams) and represents the interests of those teams in the pursuit of fair and highly competitive racing. The WSTA, in conjunction with title partner Louis Vuitton, co-organises the Louis Vuitton Trophy.

About Louis Vuitton
The world leader in luxury, Louis Vuitton has been synonymous with the art of stylish travel since 1854. Since 1987, it has been part of LVMH/Moët Hennessy – Louis Vuitton, the world’s most prestigious luxury goods group headed by Bernard Arnault. Since 1997, with the arrival of the designer Marc Jacobs, it has extended its expertise to women’s and men’s ready-to-wear, shoes, watches and jewellery, eyewear, combining traditional craftsmanship with flair and innovation to create a complete lifestyle experience. Today, Louis Vuitton has an exclusive network of stores all across the world.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "WSTA appoints two to board of directors of America's Cup Race Management".

Quick Enquiry

Share on FacebookShare on Twitter