The underwhelming number of entries for the 34th America's Cup has forced organisers to re-think the format of next year's regatta.
Just three challengers - Emirates Team New Zealand, Luna Rossa and Artemis - have paid the US$100,000 ($121,000) entry fee for the 2013 event. With those teams already well-advanced in the design and build process of their AC72s, America's Cup regatta director Iain Murray admits it is looking increasingly unlikely that another syndicate will enter at this late stage.
"We're hopeful of having more teams outside of the teams that are already building, but the reality is the runway is going to run out in the not too distant future as to when they can start building and get to the startline, so it is going to become clear pretty quickly as to who the Louis Vuitton Cup competitors are going to be," said Murray, who was in Auckland yesterday for a competitor's forum.
The number of entries are well down on what organisers had been predicting, with the proposed format of the Louis Vuitton challenger series allowing for eight challengers and scheduled to run for two months from July 4-September 1 next year.
But with only three competitors, the regatta is likely to be scaled back significantly.