America's Cup talks inconclusive but continuing
'Ernesto Bertarelli - Team Alinghi and Larry Ellison - BMW Oracle Racing'
ACM 2007/Carlo Borlenghi
Click Here to view large photo
The first face to face discussion between BMW Oracle Racing's Larry Ellison and Team Alingi principal, Ernesto Bertarelli has broken up in San Francisco without any conclusion being reached.
Sail-World spoke to BMW Oracle's Racing's Head of External Affairs, Tom Ehman, in New York, who advised that the talks had been cordial, but no agreement had been reached.
'We hope to continue the discussion', said Ehman. However no date has been set for a second meeting.
The original offer made by Larry Ellison, to drop the legal action in return for a multi-challenger event under the 32nd America's Cup Protocol was restated in the meeting, but apparently not accepted immediately by Ernesto Bertarelli.
Meanwhile, BMW Oracle will file papers in the New York Court of Appeal on Monday 29 September, in their response to the previous decision of the Appellate Division, to meet the filing deadline set by the Appeal Court.
by Richard Gladwell, Sail-World
Bermagui, NSW
