It was just a few months ago that Oracle chief executive Russell Coutts claimed that he didn't expect to face Emirates Team New Zealand in the America's Cup final.
With a history of ill-feeling between the two syndicates, his comments, when taken out of context, appeared to be a slight on the Kiwi team - Grant Dalton certainly believed it was. But Coutts was responding to questions over whether it was a foregone conclusion that it would be Team NZ challenging his Oracle team for the Cup come September.
What he meant was the Oracle crew needed to be prepared to face anyone in the final. From the outset, Team NZ have had the strongest programme - but with the need to keep event organisers and sponsors happy, Coutts stuck to the party line and claimed all three teams will be a threat.
But based on what he has seen on San Francisco Bay over the past six weeks, he now admits that the Louis Vuitton challenger series will likely be a formality for Dean Barker and his crew.
"Some of the Louis Vuitton races are going to be reasonably one-sided," said Coutts, missing the obvious humour in the statement in that much of the races will literally be one-sided, with Artemis indicating they're unlikely to make the start line until early August.