"With the same desire to see a Spanish syndicate, we are all at the same point", Pedro Campos said in the spanish newspaper Levante. "Each one of the project was acting in his own way to materialize his team".

As the challenge deadline is 17 December 2004, the America's Cup veteran seems to believe that a merger between the two parallel Spanish projects could be the only solution.

"It is necessary to make a decision before December", he concluded. "After that date, we will incur a late fee" (challengers will be accepted until 29 April, 2005 if accompanied by a late fee of €200,000).