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By Kate Laven
Published: 8:46PM BST 07 Sep 2009
With the America's Cup destined to remain in the courtroom for the foreseeable future, a new event the Louis Vuitton World Series has been launched to fill the void left at the highest level of international yacht racing.
The details of the new event will be unveiled in Paris on Tuesday with the first regatta likely to be staged in Nice in November and more scheduled for 2010. Billed as 'dynamic and ambitious',山泉水设备, the race programme will be a development of the highly successful Louis Vuitton Pacific Series held in Auckland earlier this year.
It is backed by the sport's most influential sailors and decision makers who have also seized the opportunity to create a governing body, the World Sailing Teams Association, to run the regattas and act as mediator in the event of a dispute, preventing the sort of stalemate that has plunged the America's Cup into crisis.
The aims and objectives of the WSTA, comprising all the major teams from the last America's Cup, the Volvo Ocean Race and Audi MedCupTP52 circuit, will also be revealed.
Some are already suggesting the WSTA could become powerful enough to challenge the International Sailing Federation but ISAF secretary general Jerome Pels said it posed no threat.
"We do not believe there is any intention by WSTA to work outside the system. They know the framework and are keen to strengthen it rather than weaken it," said Pels.
Participating teams for the LVWS include K-Challenge of France, BMW Oracle Racing (USA), Emirates Team New Zealand, Mascalzone Latino from Italy plus Team Artemis from Sweden and the Russian syndicate Team Synergy.
Britain's Team Origin, which was scaled down earlier this year by boss Sir Keith Mills, is also keen to be involved and is currently in talks with the WSTA.
ISAF became the subject of a New York Supreme Court action last week when American attorney Cory E. Friedman, asked the court to make public the terms of a secret deal between ISAF and America's Cup defenders Alinghi over the rules for the next Cup.
It was a standard but confidential business agreement with race organisers rather than a secret deal, explained Pels.
"The court has already ruled that there is nothing inappropriate about our agreement with the Societe Nautique de Genève," he said.
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