America's Cup: Onorato sings on Challenger of Record withdrawal

10:47 PM Sun 15 May 2011 GMT

'Vicenzo Onorato's involvement, with his 'Latin Rascals', in the Louis Vuitton Cup goes back to 2003 - From left at a 2003 America's Cup media conference in Auckland, Peter Harrison (Team GBR), Dennis Conner (Stars and Stripes), Vicenzo Onorato (Mascalzone Latino) and Larry Ellison (BMW Oracle Racing)' Louis Vuitton Click Here to view large photo

The Valencia based website, www.vsail.info (who are much better translators of Italian than we) are reporting an interview given to an Italian newspaper by Vincenzo Onorato, owner of Mascalzone Latino, who sent an open letter on Thursday, announcing that due to impossibility of finding the adequate funding to mount a competitive campaign, his team was withdrawing from the America's Cup. Still there has been no acknowledgement by the Club Nautico di Roma on the situation, whether they are going to try an run without a team, whether they are looking to work with another (new?) Italian team, or whether they ...

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by Richard Gladwell