8:55 PM Wed 23 Jun 2010 GMT
In a joint initiative by the defender, San Francisco's Golden Gate Yacht Club and the Challenger of Record, Italy's Club Nautico di Roma, a draft of the Protocol rules for the 34th America's Cup was sent to the challenging teams today for comment. Foremost amongst numerous innovations is a forward-thinking structure that allows funds and assets to transfer from one America's Cup to the next. The draft is a 'listening and living' document. Teams have been invited to comment and, contribute to its final form. This follows an already unprecedented level of cooperation with the Challenger of Record and a
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by America's Cup Media
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