The latest from the GGYC

BMW Oracle awaiting to see details of the design of the new Cup 90 footer

The Golden Gate Yacht Club will agree to comprehensive new compromises to get the America’s Cup back on track for Valencia in 2009 if the defender will disclose its rule for the boats’ design.

"We are looking forward to putting this dispute about the rules behind us and racing for the America’s Cup in 2009 in Valencia as planned. That’s what we want, and that’s what all the challengers want," Larry Ellison, syndicate head of the club’s America’s Cup team, BMW ORACLE Racing, said today. "But it is impossible to accept a design rule that we have never seen."

The American team has told challengers it is ready to agree to wide ranging new proposals discussed over the last 24 hours if it can confirm for itself that the design rule developed by Alinghi is fair for all competitors.

It has been normal practice over recent Cups for the design rule to be seen by all potential competitors well in advance of the event.