Coutts Will Not Sail
Ernesto Bertarelli, Alinghi Holdings and Russell Coutts announced today that they have amicably settled their past disagreements. As part of this settlement, Russell Coutts shall not sail for another team in the 32nd America’s Cup.
Ernesto Bertarelli and Russell Coutts both expressed their deep satisfaction with this positive outcome. Both parties have agreed to make no further comments.
Geneva, March 24, 2005
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