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Bravo Espanña- Press Release

July 26th, 2000 - Madrid, Spain

Copa America Desafio Espahol (CADE), the organisation in charge of the management for the Spanish Challenge, announces that the Spanish syndicate will not be a challenger at the next America's Cup.

After considering the possibilities for the necessary funding and also the financial support that some other syndicates have obtained, the Board of Directors of CADE has decided not to challenge the XXXI America's Cup edition.

After three consecutive challenges in 1992, 1995 and in 2000 CADE has therefore decided not to take part in the 2003 edition as the syndicate might not be able to present a competitive enough challenge.


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AmericaOne was the USA's leading challenger for the America's Cup 2000. The team competed in Auckland, New Zealand for the Louis Vuitton Cup and the right to challenge New Zealand for the America's Cup in February 2000. AmericaOne built two boats based on four years of technology development and innovation. Top level technology partners are Hewlett-Packard Company, Network Solutions, Telcordia Technologies, SAIC, Ford Motor Company/Visteon and United Technologies Corp. AmericaOne represents San Francisco's St. Francis Yacht Club.

For further additional information on AmericaOne, please contact:

Gina von Esmarch
E-mail: gvonesmarch@americaone.org
Phone: (415) 474-3425
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Jennifer McHugh
Email: jmchugh@americaone.org
Phone: (415) 474-3425
Fax: (415) 474-3571



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