In a letter written today to New York Supreme Court Justice Kornreich following the unsuccessful discussions with the Golden Gate Yacht Club (GGYC), the America's Cup Defender, Société Nautique de Genève (SNG), has confirmed that it will conduct a Deed of Gift Match with GGYC in February 2010 in Valencia, which is the date and venue repeatedly requested by GGYC and previously ordered by the Court. SNG has also expressed its intention to publish the 33rd America's Cup Notice of Race with immediate effect.When SNG's first choice of venue, Ras Al Khaimah, UAE, was declared invalid by the New York Supreme Court, the Swiss Defender proposed two alternative Southern Hemisphere venues: Proserpine/Airlie Beach and Townsville in Australia, where the weather conditions are suitable in February.
GGYC's reaction has been to try to delay the Cup and to continue to try and gain competitive advantage while SNG attended the meetings in good faith with the objective of finding a settlement.
While SNG confirms Valencia as the venue for the 33rd America's Cup in February 2010, the offer to GGYC of an Australian venue for the same date remains on the table until 13 November 2009 provided GGYC agrees to withdraw all legal actions.
