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Oracle Team USA
Oracle Team USA is an American yacht racing syndicate initially formed to compete for the 2003 America's Cup. They competed again in the 2007 event before winning the 33rd America's Cup regatta in 2010 – representing the Golden Gate Yacht Club. The team also won the 34th America's Cup in 2013. The syndicate was initially named ''Oracle'' for the 2003 campaign and backed primarily by Larry Ellison, the co-founder and CEO of Oracle Corporation, but was renamed in August 2004 to ''Oracle BMW Racing'' to reflect the German company's role, and subsequently revised again to ''BMW Oracle Racing'' to reflect increased involvement from ''BMW''. At the end of December 2010 it was announced that by mutual agreement of both partners, BMW was bringing to a close its longstanding partnership with Oracle Racing and thereby ending its involvement in the America's Cup. Subsequently, the syndicate was renamed to ''Oracle Team USA'' to compete for the 2013 34th America's Cup. History 31st Ame ...
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Larry Ellison
Lawrence Joseph Ellison (born August 17, 1944) is an American business magnate and investor who is the co-founder, executive chairman, chief technology officer (CTO) and former chief executive officer (CEO) of the American computer technology company Oracle Corporation. As of November 2022, he was listed by ''Bloomberg Billionaires Index'' as the seventh-wealthiest person in the world, with an estimated fortune of $91 billion. Ellison is also known for his 98% ownership stake in Lanai, the sixth-largest island in the Hawaiian Archipelago. Early life and education Larry Ellison was born in New York City, to an unwed Jewish mother. His biological father was an Italian-American United States Army Air Corps pilot. After Ellison contracted pneumonia at the age of nine months, his mother gave him to her aunt and uncle for adoption. He did not meet his biological mother again until he was 48. Ellison moved to Chicago's South Shore, then a middle-class neighborhood. He remembers hi ...
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Paul Cayard
Paul Pierre Cayard (born May 19, 1959) is an American yachtsman and professional sailor. He has competed at multiple world championship level sailing events, including the America's Cup, the Whitbread Round the World Race, the Volvo Ocean Race and the Olympic Games. In 1998 he was selected as the US Rolex Yachtsmen of the Year. He has won seven world championships, twice participated in the Olympic Games and seven times in the America's Cup. In 2011 he was elected into the US Sailing Hall of Fame. Biography Paul Cayard was born in San Francisco, California. He began sailing in 1967, at the age of eight. He graduated in 1981, with a degree in Business Management from San Francisco State University. He speaks three languages: English, French and Italian. He enjoys flying and holds a pilots certification with instrument rating for single engine aircraft. Of all his sailing accomplishments, he counts his 1988 Star Class World Championship as his most prized victory. Cur ...
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America's Cup (33rd Edition)
The 33rd America's Cup between Société Nautique de Genève defending with team Alinghi against Golden Gate Yacht Club, and their racing team BMW Oracle Racing was the subject of extensive court action and litigation, surpassing in acrimony even the controversial 1988 America's Cup. Since the two parties were unable to agree otherwise, the match took place as a one-on-one deed of gift matchThe Deed of Gift language for this eventuality is: ''"In case the parties cannot mutually agree upon the terms of a match, then three races shall be sailed, and the winner of two of such races shall be entitled to the Cup. All such races shall be on ocean courses, free from headlands, as follows: The first race, twenty nautical miles to windward and return; the second race an equilateral triangular race of thirty-nine nautical miles, the first side of which shall be a beat to windward; the third race (if necessary) twenty nautical miles to windward and return; and one week day shall intervene b ...
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