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Four Reasons to Expect a Chinese America’s Cup Challenger

 

An America’s Cup challenger from China?

Update, 1 February 2017   Well! That was a false alarm. Not surprising though. ACEA has over-promised in the past – about the number of challengers and the countries they would come from – most recently in announcing the “Framework Agreement” among five of the six current teams. Let’s see if we get a China-flagged challenger for the 2019 America’s Cup.

Original post, 10 June 2015

Reasons to believe America’s Cup officials will soon announce a Chinese challenger:

  1. Title sponsor Louis Vuitton gets about a third of their revenue from Chinese shoppers.
  2. Chinese TV network CCTV has agreed to pay rights fees to broadcast, free to air, America’s Cup racing to their 400 million households.
  3. Softbank, title sponsor of the Japanese challenger, owns 32% of the stock of Alibaba, the major Chinese internet company.
  4. America’s Cup officials have stated that they expect another challenger from Asia.

This all seems to point to having a Chinese challenger. Stand by for updates!