Yachting: For Country & for Mug

Monopolies tend to dull with age, and sporting monopolies are hardly sport at all. The Yankees, for all their skills, team" are with the now fans. New But York's there is "second one ancient monopoly that only grows more exciting with the years. That is the U.S. hold on the America's Cup — symbol of international supremacy in yachting. By the end of this summer, a doughty group of British yachtsmen will have spent close to $600,000 in an attempt to remove the ungainly, Victorian cup from its accustomed place of honor...

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