Yachting: We'll be racing Team NZ - Coutts  By Paul Lewis
Oracle's Kiwi boss believes the sailing classic has to find new
money and new competitors if it is to survive  Oracle Racing
chief executive Sir Russell Coutts says the America's Cup racing
will soon blossom into a compelling spectacle but believes the
cup's current format - a four-yearly festival financed by
billionaires - can't last.  Coutts has done some thinking about
the next regatta after being at the forefront of the planning
for this one - a bold vision to widen sailing's appeal by using
high-speed, hi-tech 72ft (22m) catamarans, racing close to shore
and using new broadcast techniques to attract audiences and
produce payback for sponsors.  It has come unstuck, attracting
only three challengers instead of the expected 15. Coutts blames
the economic downturn; critics say the cup budget was still too
high - the accepted figure for a competitive team in this
regatta is US$100 million ($124 million).  The cup suffered with
the capsizes of the Orac