Opps!

SPANISH CLUB WILL BE AMERICA'S CUP CHALLENGER

New York, NY (AP) - A New York appeals court has declared that a Spanish yacht club is the challenger of record for the next America's Cup, adecision that removes a California club from that position.

-------------
Valencia, Spain, 29 July 2008:
From Oracle BMW Racing

The Golden Gate Yacht Club (GGYC) said today it will carefully consider the implications of today’s ruling by the Appellate Division of the New York Supreme Court before deciding on its next step.

In a 3-2 decision, the Court ruled in favor of the Club Náutico Español de Vela (CNEV) as the challenger of record following a previous New York State Supreme Court decision last November that found CNEV’s challenge was invalid.

"We are surprised and disappointed by this ruling. We will now be taking legal advice and considering the next step," Tom Ehman, the club’s spokesman, said. - www.bmworacleracing.com