SPORTS
By THE NEW YORK TIMES | November 24, 2002
AUCKLAND, New Zealand - How do you spend upward of $100 million on a sailboat race? That question is foremost on the minds of the syndicate backers here, where budgets for America's Cup yachts have climbed to staggering levels and money flows like water. Four of the nine challengers are spending more than $60 million each, and nearly all privately grumble that the others are spending more. "There are a lot of different ways to distribute your money, and only one of them is right," Bill Erkelens, the chief operating officer of Larry Ellison's Oracle-BMW team, said, explaining why he would not give out his team's numbers.
SPORTS
By Nancy Noyes ..TC and Nancy Noyes ..TC,Contributing Writer | November 19, 1993
Eastport Yacht Club's annual Lights Parade of Yachts is Dec. 11, and to help anyone interested in participating the club will offer a free decorating seminar tomorrow at 7:30 p.m. at the clubhouse at 317 First St. in Annapolis.EYC's Lights Parade, the oldest in Maryland, welcomes all participants, whether they be individuals, businesses, clubs or associations or neighborhood groups. Club membership is not necessary, and there is no entry fee.Boats of all kinds and sizes are welcome, and this year one of the most unique entries is sure to be the Maryland Federalist, a 19-foot replica of a miniature three-masted ship presented to George Washington in 1788.
SPORTS
By Peter Baker C | December 8, 1991
Preparations for the America's Cup in San Diego have been drawing the attention of sailors around the world for a year or more. And as often happens when the focus of a sport's following is concentrated, there are those on the fringe that manage to get some time in the limelight.Last weekend, the World Yachting Grand Prix circuit got its chance on San Diego Bay, sailing a three-day regatta in 52-foot Formula One yachts that drew increasing interest from America's Cup crews and skippers.The regatta was won by Dennis Conner's Stars and Stripes, which was skippered by John Bertrand.
NEWS
By Lorraine Mirabella and Lorraine Mirabella,Staff writer | February 5, 1992
You'd have to say John R. Kaiser Jr. knows his way around a boat.During his 30 years, the Annapolis resident has watched his father custom-build yachts, learned the craft himself, sold and refurbished vessels, run charters in the Florida Keys and sailed alone from Annapolis to Maine.Now he's capturing boats on Super VHS and Beta SP videotape.Last summer, Kaiser left his job as a yacht broker to navigate an uncharted course in the marine industry. With sales of new, large boats hurting from the recession and federal luxury tax, Kaiser believed he'd found an innovative way to show buyers stocks of lower-priced, usedboats.
NEWS
By Kate Shatzkin and Kate Shatzkin,SUN STAFF | April 21, 2002
Some were dreamers. Some were sailors. Some were both. A few visitors among the crowds who flocked to see the sleek yachts of the Volvo Ocean Race Round the World yesterday had raced before, and some wanted to race someday, and others would not even set foot on a sailboat for money. But nearly all of them seemed fascinated by the daily lives of sailors squeezed into tiny hulls - braving sickness, cold, heat, tankers and untold other obstacles for nine months on the open ocean. An estimated 100,000 people came to see the yachts and other attractions yesterday, the fourth day of the fifth annual Baltimore Waterfront Festival, said Bill Gilmore, executive director of the Baltimore Office of Promotion and the Arts.
SPORTS
By GILBERT LEWTHWAITE | October 19, 2000
Twelve identical 72-foot, steel-hulled yachts are slicing through the western Atlantic today en route to Buenos Aires from Boston on the second leg of a wrong-way round-the-world race. The east-west circumnavigation follows a course against the prevailing winds and currents, giving this race, the BT Global Challenge, its claim to being the world's toughest ocean race. But the deliberately adverse conditions aren't all that make it unique. The $1.1 million yachts are crewed by amateurs, each of whom paid $40,000 for the chance to sail round the world.