During its 119-year history, the America's Cup challenge has been spectacularly one-sided. Last week, though the U.S. yacht Intrepid held a 3-1 lead over Australia's Gretel II on the scoreboard, the action on the water was the closest, most hard fought in years. Plagued by fog, riddled with protests and jolted by a collision, the best-of-seven series was also one of the most bizarre and controversial in Cup annals. Said the Sydney Sun: "The name of the race committee boat sums up the whole shebang—Incredible."
The controversy was unfortunate if only because it tended...
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