• Dec 29th 2010 at 1:58PM
  • 13
America's Cup champion BMW Oracle Racing says German automaker BMW is ending its sponsorship at the end of the year by mutual agreement.

BMW has been part of the syndicate since 2002, contributing in the areas of structural engineering and lightweight, composite construction.

BMW Oracle Racing swept Alinghi of Switzerland in two races in February to win the America's Cup, the oldest trophy in international sports. Its radical trimaran design was the fastest boat in the history of the America's Cup.

BMW Oracle Racing is owned by Larry Ellison, CEO of software maker Oracle Corp.

The reason for the bust-up? BMW is said by sources to want to separate from technology partner Oracle over business issues.
The BMW-Oracle team won the America's Cup in February with a convincing 2-0 victory.

"In winning the 33rd America's Cup, we achieved all of our ambitious goals," said Ralf Hussmann, general manager BMW sports marketing. "We will continue to be involved in the sport on a national level."

[Source: BMW | Image: Manuel Queimadelos Alonso/Getty]
Show full PR text
BMW retires from the America's Cup.

At the end of the year BMW will bring to a close its longstanding partnership with ORACLE Racing and thereby end its involvement in the America's Cup. This is by mutual agreement of both partners. Both parties set ambitious goals and achieved the ultimate objective: winning the America's Cup.

BMW has partnered BMW ORACLE Racing since 2002. Technology and skills have transferred freely between the automaker and sailing team, most notably in the fields of structural engineering and high-modulus composite construction. The result was celebrated in the February when the yacht USA 17, the fastest yacht in the history of the America's Cup, won the 33rd Match with a resounding 2:0 victory off Valencia, Spain.

"On the design and engineering front, BMW engineers set new benchmarks in terms of intelligent lightweight design," said Ralf Hussmann, General Manager BMW Sports Marketing and Brand Cooperation. "In winning the 33rd America's Cup, we achieved all of our ambitious goals. We will continue to be involved in the sport on a national level."

"The America's Cup combines a technological challenge with a sporting one and success is measured by the result on the race course," added Russell Coutts CEO of BMW ORACLE Racing. "In that sense, both the team and BMW are proud that our collaboration resulted in victory."



I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 13 Comments
      • 4 Years Ago
      Who else thought this was about the software company Oracle?
        • 4 Years Ago
        It is about the software companies sailboat racing team.
      • 4 Years Ago
      He belongs to the Golden gate yacht club,
      • 4 Years Ago
      Oracle has been pissing people off ever since they decided to try to win the America's Cup in court. After all, they never did it on water until they eliminated all but one conteder with the help of the courts.
      • 4 Years Ago
      I wrote about it here with video and photos, check it out: www.examiner.com/top-news-in-san-francisco/happy-new-year-sf-you-will-hold-the-2013-america-s-cup
      • 4 Years Ago
      What am I looking at?

      It looks like a wing sail flipped over on its side, but I doubt that's right.
        • 4 Years Ago
        spin cycle

        In that case, why not a hydrofoil? I saw a sailboat hydrofoil while looking for pics of the Oracle boat.

        • 4 Years Ago
        The AC community get upset over lawsuits?

        Lawsuits have been a fixture of AC racing for decades now. How did these offended fans get to now with such thin skins?
        • 4 Years Ago
        You are looking t the rear crossmember which does hold the wells for the right and left steering wheel.

        By the way, I am fairly certain that BMW split from Oracle because of the numerous law suits they places against Alinghi to be able to be the only contender in the last America's Cup. Other than fans of Oracle and the San Francisco Yacht club, Oracle createed a huge amount of animosity within the America's Cup community. Staying with Oracle would have been a bad PR move by BMW.
        Oracle did have one hell of a boat though.
        • 4 Years Ago
        It's an aerodynamic feature on the back of the boat. It reduces turbulence from air around the beam.
      • 4 Years Ago
      After all the foofaraw of the last AC, LE, and his beknighted kiwi nut have gone off into la la land and reinvented themselves as the group from Alinghi. The end result is that they have no more idea about how to run an AC any more than the city government of SF. It looks like BMW finally has had it and took the sensible and easy way out.

      I congratulate BMW on its decision, but we,who do like sailing and the America's Cup are left with Ellison and his kiwi nut. I doubt that even God has an idea where that pair is going; maybe they should try and get Bozo to run it, but I doubt even he would want to be associated with them.
    • Load More Comments