Luna Rossa first in Valencia (03/11/04)
 (source
: masmar.com translated by Cupinfo.com)

Luna Rossa operations in Spain began yesterday, as the Italian team set up their base on a 3000 sq m site rented from Real Club Náutico de Valencia.

The first six containers delivered yesterday include the composites lab, the weather team instruments, the sail loft, and spares and equipment for the two boats.

Antonio Marrai, head of logistics for the team, is scheduled to arrive in Valencia today, and the base should be operational next month.

 
 Loïck Peyron denies the Libération's report (02/24/04)
 (source : Loïck Peyron)

In a e-mail I received today, Loïck Peyon says the rumors, reported by French newspaper Libération (which wrote that Bertrand Pacé "had deserted the Front"), are absolutely not true.

Qualified as "lie allegations" by the two co-leaders of the French syndicate, they should give a right of reply in the newspaper.

 
 Bertrand Pacé with the Luna Rossa Challenge ? (02/23/04)
 (source : Libération)

According to the French newspaper Libération, citing rumors circulating, Bertrand Pacé would be ready to jump off the Team France project and to sign with the new Bertelli's Luna Rossa Challenge.

In spite of the hopes raised by the Loïck Peyron's notoriety, the Team France has already pushed back the deadline three times and doesn’t have anything concrete to present yet.

 
 Luna Rossa and Le Défi make a place in Valencia (02/19/04)
 (source
: masmar.com)

According to the Spanish Website Masmar.com, the new Luna Rossa Challenge and the French Team Le Défi came to an agreement with the Club Náutico de Valencia to use (at Alinghi's side) the former Desafio's base for the Louis Vuitton Cup 2000.

The two teams will head to Valencia in the next two month as the new Defender is already beginning its installation there.

 

 Luna Rossa Challenge in the money hunt (02/09/04)
 (sources : Farevela)

The Luna Rossa Marketing/Sponsorship Team, (leaded by Giacomo Ovidi and Luca Paderni) announced that they will concentrate their efforts on the international markets.

The new structure, built by Patrizio Bertelli count on contacts made with some multinationals companies to secure the necessary funds.

If it doesn't work, the syndicate will appointed a company which specialises in raising funds of the magnitude needed to participate in the America's Cup.

 

 The new Prada Challenge is on track (01/19/04)
 (sources : Gazzetta dello Sport & Lunarossafansclub.it)

According to the last edition of the Italian newspaper "Gazzetta dello Sport", the change of position for Patrizio Bertelli is now finalized and, in its third incarnation estimates about €80 million, a new Prada Challenge will be there in 2007.

Currently, active negotiations are in place with potential new members and "a victorious puzzle" will be assembled in the next few weeks said Antonio Marrai, Logistics and Services Manager for the new challenge.

From April-May, with the summer season approaching in the northern hemisphere, the team's activities will relocate to Spain where they will start to build a new base in Valencia in March or April 2004, it will be close to Oracle's new base as in Auckland.

The team's facilities (the operations base, the gym, the accommodation...) are scheduled to leave Livorno in March or April. Prada will have only one base in Valencia, they not will be training in Punta Ala.

The definitive installation is planned after the September Pre-Regattas but the Spanish are seeking to convince the Prada Challenge to remain during the summer, in order to participate in the very fashionable "Copa de la Reina", in the first week of july.

 

 70 % of chance that Luna Rossa comes back (12/11/03)
 (sources : Corriere della Serra & Lunarossafansclub.it)

Patrizio Bertelli, in another dramatic 'coup de theatre', now announces : "There is a 70 percent of chance that we can be there again, but with a different team".

This is a complete change of position for the Italian billionaire who has previously said he
would not mount another challenge. A new position he fully assumes.

"The common sense and a comprehensible bitterness leaded me to say 'basta' but the mood for challenge doesn't go away easily", Bertelli explains. "Further more, it would be an offence not to use the extraordinary patrimony of means and experiment we have build during the two campaigns in Auckland".

Ready to go again. But after he spend more than US$120 million on his two America's Cup campaigns, Patrizio Bertelli will not return without a partner in an adventure he now estimates about $75-80 million.

"There will be no more Prada boat but a new Luna Rossa in which my group will be one partner", he says. "I'm meeting a lot of people and I'm looking for someone who shares my enthusiasm and who understands the range of the event when the whole world will be focused on Europe".

"Several major elements missed and there is a little time that we know the venue. The time to play starts now."

So the time is now come to rebuilt a new team and, while appreciating the value of the Prada's assets, Patrizio Bertelli affirms he learns the lessons of earlier campaigns.

"We will start again with Francesco de Angelis as skipper, but regarding the rest, we will set out again for nothing", the Italian says. "The historical group, around a hundred people, will be renovated with youngest members".

The main victim of this new program is Doug Peterson who will have to leave his place for new designers who will be able to build the Luna Rossa 2007.

"I will not remake the error of trusting Doug Peterson", Bertelli explains. "I finished with the despotic designers. The boat for Valencia will be created by a group which ears and stays in contact with Francisco de Angelis and the others. It will have to be a completely new boat".

As for the other Italian projects, "We will see whether they are serious, not by reading the newspapers, but by looking at the register-book".

 

 A new team on Prada's foundation ? (11/12/03)
 (source : Cupinfo.com)

Patrizio Bertelli announced that Prada will not pursue the America's Cup for 2007. "This adventure is finished," he told an Italian newspaper.

Some observers, though, believe that he may change his mind in the future but contracts with 2003 Prada members are said to have expired at the end of March.

If Prada indeed declines to enter for 2007, sources now told CupInfo Website that Francesco de Angelis is actively assembling a new Italian team with support from Patrizio Bertelli that extends to the Prada physical assets, including their yachts, plus Bertelli's financial support for the first year of operation.
 

 Luna Rossa may be back in the Cup (04/29/03)
 (source : Yahoo.it)

Disappointed by Prada's loss in December to American syndicate OneWorld in the Louis Vuitton Cup, Patrizio Bertelli said he would not mount another challenge.

Rumors began to fly around that Alinghi's 2007 America's Cup defence in Europe have finally encouraged the syndicate head of the former challenger champion to resume Italian's assault on the Auld Mug.

According to the Italian press, Luna Rossa Campaign should become a consortium-directed activity, rather than a program under the Prada single umbrella and the activities could be directed by Francesco de Angelis.

 

 Prada won't mount another challenge (02/24/03)
 (source : FoxSports)

It appears the moon has set for Prada's Luna Rossa boats after six years of America's Cup competition.

Patrizio Bertelli, the syndicate head of the former challenger champion, was quoted by Italy's largest sports daily Gazzetta dello Sport Sunday as saying he would not mount another challenge.

"This adventure is finished," Bertelli said, according to Gazzetta , of Luna Rossa (Italian for "red moon").

Bertelli spent more than US$120 million on his two America's Cup campaigns and was disappointed by Prada's loss in December to American syndicate OneWorld in the challenger series in New Zealand. In 2000, Prada won the series but was swept in the finals by New Zealand.

As for the two boats, Bertelli told the paper from New Zealand that they will stay there for now. "I could sell them," he said. "I've already had requests, even from Italy."
 
 Prada completes testing in New Zealand (01/27/03)
 (source : Prada Challenge)
The last testing session at sea in the Hauraki Gulf is over for Team Prada.

After being eliminated from the Louis Vuitton Cup on December 17, the design team and crew have been working on a series of modifications to the yachts Luna Rossa ITA 74 and ITA 80 that had been planned many months ago.

Starting from today, the Prada's shore team will work on the demobilization of the boats and various equipment.

As Bertelli is expected to make a decision on his syndicate's future in March or April, small group of team members will continue working in Auckland throughout the America's Cup.
 
 Prada Challenge for the next Cup ? (01/13/03)
 (source : Sunday Star Times on Stuff.co.nz)
The head of the Italian syndicate, Patrizio Bertelli, returned to Auckland to see what defender Team New Zealand and Louis Vuitton Cup finalists Alinghi and Oracle were hiding under their skirts.

Team New Zealand stole the limelight when it revealed the hula, its innovative false hull appendage - and evidently Bertelli was impressed.

His two-day trip must be regarded as significant. The wealthy businessman adopted a hands-on role in design decisions and he is understood to have insisted on the bow makeover for Luna Rossa between the first and second rounds of the challenger series when Prada was off the pace.

That he was interested enough to return and inspect other syndicates' underwater secrets, when he could have been sent pictures, suggests he feels the syndicate has unfinished business.

Bertelli intends returning for The Match between TNZ and the successful challenger. He is expected to make a decision on his syndicate's future in March or April.

Prada first challenged for the cup in 1999 when it won the challenger series final against Paul Cayard's AmericaOne but the silver bullet was then whitewashed by Team New Zealand.

Last month, the OneWorld Challenge ended Prada's challenge in the semifinals. Since then, the syndicate has scaled down its operation but operations director Laurent Esquier said the team was completing its research and development cycle.

"We are still here and we are still working because we believe this team has a future," he said.

Scale models of developments, which have been tested in tanks and wind tunnels, have now been tried on the syndicate's boats which have again been out on the water. The syndicate expects to continue testing on the Hauraki Gulf for at least another week.

Prada spokesperson Alessandra Ghezzi said the syndicate's decision on its future would be influenced by the cup winner and where the next cup will be held.

"So far, he (Bertelli) hasn't committed to another cup," she said.
 
 Team Prada resumes work (01/03/03)
 (source : Prada Challenge)
Francesco de Angelis and his crew have started sailing again with Luna Rossa ITA 74 and ITA 80. The boat development program continues with daily sessions for sail tests and comparisons.

In the past few days the Hauraki gulf has shown its summer aspect with sunny skies and moderate breezes.