America's Cup - BMW retires from Cup campaign

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4:29 PM Thu 23 Dec 2010 GMT

'33rd America’s Cup - BMW ORACLE Racing' BMW Oracle Racing &copy Photo Gilles Martin-Raget Click Here to view large photo

America's Cup announcement today that at the end of the year BMW will bring to a close its longstanding partnership with Oracle Racing and thereby end its involvement in the America's Cup. This is by mutual agreement of both partners. Both parties set ambitious goals and achieved the ultimate objective: winning the America's Cup. BMW has partnered BMW Oracle Racing since 2002. Technology and skills have transferred freely between the automaker and sailing team, most notably in the fields of structural engineering and high-modulus composite construction. The result was celebrated in the February when the yacht USA 17, the fastest ...

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