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Considering the uncertainty that
prevailed in the 33rd America's Cup, Desafío Español
and Team Origin modify their plans.
Desafío announced on Tuesday a plan designed to
reduce its personnel by 20 percent to around 80
people based in Valencia and suspend the activities
of the rest of team.
Spanish media said Desafío, which is planning for
2009 with a budget of around 60 million euros, must
sharply reduce its expenses, while remaining at
its base in Valencia, ahead of 2011.
Britain's Team Origin also announced it is "lowering
its current level of activity and re-focusing on
planning for a 2011 event."
"Our assessment now is that a 2009 America’s Cup
Match that Team Origin could compete in is extremely
unlikely and that 2011 is now the most likely timing
for the next America’s Cup with multiple challengers,”
explained Team Principal Sir Keith Mills, who added
he remains "totally committed to the America’s Cup".
Among the other challengers, United Team Germany
and Team New Zealand have already said they would
be forced to reexamine the situation due to the
uncertainties surrounding the event.
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