Investors Guaranty™ Presents The King Edward VII Gold Cup - Fast And Furious On Hamilton Harbor

HAMILTON, Bermuda (October 22, 2003) – America’s Cup finalists Russell Coutts of Team Alinghi and Dean Barker of Team New Zealand were pushed to elimination matches in today’s Round 1 of the Investors Guaranty Presentation of the King Edward VII Gold Cup, the second event on Swedish Match Tour 2003/2004, but both survived the first wave of the knock-out series format and now headline the eight skippers sailing into Friday’s quarterfinal action.

On a white-capped Hamilton Harbor, with winds approaching 25 knots, the action was furious throughout the day. And, with the start line positioned just off the end of the Royal Bermuda Yacht Club pier and spectator area, everyone in attendance had prime viewing for some of the most thrilling match racing action in recent memory.

Adding to the day’s excitement, local favorite Paula Lewin of Team Ace Group, competing in the event following her victory in yesterday’s Bermuda International Women’s Match Racing Championship, swept her way past America’s Cup legend Dennis Conner 3-0, to reach the quarterfinals of the regatta proper for the second straight year.

“It was a really fun match, the day threw some very different conditions at us (from earlier in the week),” said Lewin. “I’m glad we were able to hang in, start well and compete.”

Conner was impressed with the performance of his opponent and sees good things in her future. “The last time I lost a match race, Paula was crewing for me (at the 2001 Bermuda Gold Cup),” said Conner. “I’m so proud of how far she’s come as a sailor. She has a bright future ahead of her.”

Another upset featured unseeded skipper Bill Hardesty of the United States defeating US Virgin Islander Peter Holmberg of Team Gramicci, a former Swedish Match Tour champion and winner of this regatta in 2001, 3-1. Hardesty actually spent several days last week training with Holmberg in Newport, RI. Today’s result was a case of the pupil schooling the teacher.

“I guess that goes to show you should be careful who you train with,” said Holmberg. “Anytime, I’m talking to the umpires more than my crew, its not a good day.”

In morning action, Coutts was challenged by upstart Cameron Dunn of New Zealand, who refused to be intimidated by his more accomplished countryman. After winning the first two matches of the first-to-three-points round, Coutts became his own worst enemy, crossing the start line early and copping a penalty in the pre-start of the third match and then hitting the windward mark in the fourth match to earn another flag.

In the fifth match, all manner of mayhem took over. Following an exciting pre-start and a close first lap around the race track, Dunn ran into trouble with his spinnaker in the strong wind that swept through Hamilton Harbor all day.

While Coutts’ crew wrestled with getting their own spinnaker back on board following the leeward mark rounding, Dunn lost control of his chute and in the chaos, crewmember Brett Jones was struck by the boom, suffering what would later be determined to be a concussion and sore jaw. Following the combination of incidents, Dunn withdrew from the match.

Barker, meanwhile, faced a stern test from American Ed Baird of Team XL Capital, with Baird winning the first match, Barker taking matches two and three, and Baird winning the fourth to set up the final showdown.

“We knew today was going to be hard,” said Barker. “Our last two rounds here, we had Russell and Chris and lost both of them. Knowing Ed was sailing well coming out of the qualifier, we knew it was going to come down to it.”

Baird, a veteran of international match racing and former skipper of the Young America challenge, came into today’s action as one of the top qualifiers from the unseeded portion of the event held earlier in the week.

“Dean and his team came here ready to play and they did a great job,” said Baird. “All the information the previous week provided us didn’t do much to help us today (as a result of the very different weather conditions).

Denmark’s Jes Gram-Hansen of Team Colorcraft won his re-match with Bermudian Peter Bromby of Team Ace Group. Last year Gram-Hansen won a five-match affair that delivered him into the finals, this year the score line was 3-1, but none the lesser for drama as both teams engaged in dramatic match racing tactics this afternoon .

“Racing on Hamilton Harbor is all about sailing the right shift,” said Gram-Hansen. “Peter and his crew are very good sailors and we’re just happy to be moving on.”

While disappointed in today’s result, Bromby was pleased with the effort put forth on the week. “Last Saturday we started this regatta 0-2, and it’s a tribute to my crew that we’re even sailing today.”

Advancing with relative ease today were the regatta’s top seed and defending champion Jesper Radich of Denmark, who dismissed Italy’s Paolo Cian of the Riviera di Rimini Sailing Team 3-0.

“Today I felt we had a good idea about our timing and positioning of the boats,” explained Radich. “Good boat-handling is rewarded in these conditions and is especially important at the mark roundings.”

Also moving on to the quarterfinals are Oracle BMW Racing skipper Chris Dickson who sailed past Sweden’s Jenny Axhede of Team Panorama, who qualified for the event as a result of her runner-up finish in the Bermuda International Women’s Match Racing Championship, and Australian skipper Peter Gilmour of Team Pizza La, who beat his opponent Staffan Lindberg of Finland 3-1.

Thursday is a layday at the Investors Guaranty Presentation of the King Edward VII Gold Cup, with the event’s pro-am scheduled to take place. Quarterfinal action will commence on Friday morning.

Quarterfinals Match Ups – First-to-three-points

Jesper Radich, DEN/Team Radich v. Paula Lewin, BER/Team Ace Group
Russell Coutts, NZ/Team Alinghi v. Peter Gilmour, AUS/Team Pizza La
Bill Hardesty, USA v. Dean Barker, Team New Zealand Omega Match Race Team
Chris Dickson, Oracle BMW Racing v. Jes Gram-Hansen, DEN/Team Colorcraft

Today’s Results - Round 1

Group 1

Flight 1
Jesper Radich, DEN/Team Radich def. Paolo Cian, ITA/Riviera di Rimini Sailing Team
Paula Lewin, BER/Team Ace Group def. Dennis Conner, USA/Team Dennis Conner
Russell Coutts, NZ/Team Alinghi def. Cameron Dunn, New Zealand
Peter Gilmour, AUS/Team Pizza La def. Staffan Lindberg, Finland

Flight 2
Radich def. Cian
Lewin def. Conner
Coutts def. Dunn
Lindberg def. Gilmour

Flight 3
Radich def. Cian
Lewin def. Conner
Dunn def. Coutts
Gilmour def. Lindberg

Flight 4
Dunn def. Coutts
Gilmour def. Lindberg

Flight 5
Coutts def. Dunn – DNF

Group 2

Flight 1
Bill Hardesty, USA def. Peter Holmberg, USVI/Team Gramicci
Ed Baird, USA/Team XL Capital def. Dean Barker, Team New Zealand Omega Match Race Team
Chris Dickson, Oracle BMW Racing def. Jenny Axhede, SWE/Team Panorama
Jes Gram-Hansen, DEN/Team Colorcraft def. Peter Bromby, BER/Team Ace Group

Flight 2
Hardesty def. Holmberg
Barker def. Baird
Dickson def. Axhede
Bromby def. Gram-Hansen

Flight 3
Holmberg def. Hardesty
Barker def. Baird
Dickson def. Axhede
Gram-Hansen def. Bromby

Flight 4
Hardesty def. Holmberg
Baird def. Barker
Gram-Hansen def. Bromby

Flight 5
Barker def. Baird

For more information about Investors Guaranty’s presentation of The King Edward VII Gold Cup, contact the Royal Bermuda Yacht Club race office at +1-441-295-2214 or visit www.KingEdwardVIIGoldCup.com.

About Investors Guaranty™ www.investorsguaranty.com
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About the Swedish Match Tour www.swedishmatchtour.com
The Swedish Match Tour is comprised of nine of the world's leading professional sailing events and is proving to be the ultimate battleground of sailing. In addition to more than US$800,000 in individual event prize money, the Swedish Match Tour awards US$200,000 to the top eight sailors on the Swedish Match Tour, with the first-place skipper netting US$60,000.

In addition to a US$60,000 first prize, the winner of the Swedish Match Tour receives the official Swedish Match Tour Championship Trophy, 15" (30 cm) high with 22 carat gold gilding, produced by Swedish Match Tour sponsor Wedgwood. Additionally, Wedgwood supplies runner-up prizes for second and third places as well as commemorative plaques to each event organizer.

The Swedish Match Tour produces 155 hours of television coverage reaching more than 427 million households worldwide. Swedish Match Tour partners include Swedish Match, Octagon and the Match Race Association. Swedish Match Tour sponsors include Colorcraft, Champagne Mumm, Musto Selden Group and Wedgwood.