Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Larry Ellison
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Yachting=== With the economic downturn of 2010, Ellison sold his share of ''[[Rising Sun (yacht)|Rising Sun]]'', the [[List of motor yachts by length|12th largest]] [[yacht]] in the world, making [[David Geffen]] the sole owner.<ref>{{cite web |url=http://www.superyachttimes.com/superyachttimes/www/editorial/20/article/id/5141 |title=David Geffen now sole owner of 138-metre superyacht Rising Sun β Yacht Owners |website=Superyacht Times |date=October 15, 2010 |access-date= March 10, 2011 |archive-date= December 18, 2010 |archive-url= https://web.archive.org/web/20101218070915/http://www.superyachttimes.com/superyachttimes/www/editorial/20/article/id/5141 |url-status= live}}</ref> The vessel is {{convert|453|ft|m|abbr=off}} long,<ref>{{cite web |url=http://www.networkworld.com/community/node/14809 |title=Brad Reese on Cisco: Yachting with Oracle CEO Larry Ellison |website=Network world |date=May 3, 2007 |access-date= March 10, 2011 |archive-date= January 2, 2011 |archive-url= https://web.archive.org/web/20110102180155/http://www.networkworld.com/community/node/14809 |url-status= live}}</ref> and reportedly cost over $200{{nbsp}}million to build. He downsized to ''[[Musashi (yacht)|Musashi]]'', a {{convert|288|ft|m|adj=on|abbr=off}} yacht built by [[Feadship]].<ref>{{cite news |url=https://www.forbes.com/pictures/eiif45kfe/musashi-288-feet/ |title=The Largest Yachts of The ''Forbes'' 400 |newspaper=Forbes |access-date= August 9, 2012 |archive-date= September 11, 2012 |archive-url= https://web.archive.org/web/20120911074649/http://www.forbes.com/pictures/eiif45kfe/musashi-288-feet/ |url-status= dead}}</ref> Ellison competes in yachting through [[Oracle Team USA]].<ref>{{cite web |url=http://www.minyanville.com/investing/articles/ORCL-ellison-yachts-ceos-architecture-immortality/8/28/2008/id/18703 |title=CEOs Gone Wild: Larry Ellison |publisher=Minyanville.com |date=August 28, 2008 |access-date=June 4, 2013 |first=Justin |last=Rohrlich |archive-date=November 5, 2013 |archive-url=https://web.archive.org/web/20131105011756/http://www.minyanville.com/investing/articles/ORCL-ellison-yachts-ceos-architecture-immortality/8/28/2008/id/18703 |url-status=live}}</ref> Following success racing [[Maxi yacht]]s, Ellison founded [[BMW Oracle Racing]] to compete for the [[2003 Louis Vuitton Cup]]. In 2002, Ellison's Oracle's team introduced kite yachting into the America's Cup environment. Kite sail flying lasting about thirty minutes was achieved during testing in New Zealand.<ref>{{cite web |url=http://www.myplainview.com/article_c2af0a8a-4310-55b6-91e2-17786b498ee4.html |title=Oracle Flies Kite in America's Cup Test |date=December 18, 2002 |df=mdy-all |access-date= May 12, 2016 |archive-date= October 27, 2020 |archive-url= https://web.archive.org/web/20201027152609/https://www.myplainview.com/news/article/Oracle-Flies-Kite-in-America-s-Cup-Test-8990384.php |url-status= live}}</ref> BMW Oracle Racing was the "Challenger of Record" on behalf of the [[Golden Gate Yacht Club]] of San Francisco for the [[2007 America's Cup]] in [[Valencia (city in Spain)|Valencia, Spain]], until eliminated from the [[2007 Louis Vuitton Cup]] challenger-selection series in the semi-finals. On February 14, 2010, Ellison's yacht ''[[USA 17 (yacht)|USA 17]]'' won the second race (in the best of three "[[Deed of Gift of the America's Cup|deed of gift]]" series) of the [[2010 America's Cup|33rd America's Cup]], after winning the first race two days earlier. Securing a historic victory, Ellison and his BMW Oracle team became the first challengers to win a "deed of gift" match. The Cup returned to American shores for the first time since 1995. Ellison served as a crew member in the second race.<ref name=ESPN>{{cite news |url=https://www.espn.com/olympics/news/story?id=4913750 |title=BMW Oracle wins America's Cup |publisher=[[ESPN]] |date=February 14, 2010 |quote=Ellison and Kostecki were the only Americans on BMW Oracle's crew for the clincher. |access-date= February 15, 2010 |archive-date= February 17, 2010 |archive-url= https://web.archive.org/web/20100217053947/http://sports.espn.go.com/oly/news/story?id=4913750 |url-status= live}}</ref> Previously, Ellison had filed several legal challenges, through the [[Golden Gate Yacht Club]], against the way that [[Ernesto Bertarelli]] (also one of the world's richest men) proposed to organize the [[33rd America's Cup]] following the 2007 victory of Bertarelli's team [[Alinghi]].<ref name="ESPN" /><ref>{{cite web |first=Cory E. |last=Friedman |url=http://www.sailingscuttlebutt.com/news/07/cf/ |title=A Perpetual Cup for Not So Friendly Competition Between Lawyers |publisher=Sailingscuttlebutt.com |access-date= March 10, 2011 |archive-date= February 9, 2010 |archive-url= https://web.archive.org/web/20100209140158/http://www.sailingscuttlebutt.com/news/07/cf/ |url-status= live}}</ref> The races were finally held{{Clarify|date=July 2010}}<!-- this Ellison WP article seems to bring up the legal challenges in an Ellison bio, but then fails to state what the issue was or why Ellison was directly involved, morphing to merely "the races were finally held". Why "finally"? Was the issue timing? Is this paragraph notable in the Ellison bio article? --> in February 2010 in Valencia. On September 25, 2013, Ellison's Oracle Team USA defeated [[Emirates Team New Zealand]] to win the [[34th America's Cup]] in [[San Francisco Bay]], California.<ref>{{cite news |newspaper=[[The New York Times]] |date=September 25, 2013 |first=Christopher |last=Clarey |url=https://www.nytimes.com/2013/09/26/sports/oracle-completes-voyage-to-history-to-win-americas-cup.html |title=Oracle Completes Voyage to History, Winning America's Cup |access-date= February 25, 2017 |archive-date= April 19, 2017 |archive-url= https://web.archive.org/web/20170419070801/http://www.nytimes.com/2013/09/26/sports/oracle-completes-voyage-to-history-to-win-americas-cup.html |url-status= live}}</ref> Oracle Team USA had been penalized two points in the final for cheating by some team members during the America's Cup World Series warm-up events.<ref>{{cite news |newspaper=[[San Jose Mercury News]] |date=September 3, 2013 |first=Julia Prodis |last=Sulek |url=http://www.mercurynews.com/sports/ci_24006797/americas-cup-team-oracle-usa-penalized-two-points |title=America's Cup: Cheating scandal docks Oracle Team USA two races before main event starts Saturday |access-date= September 26, 2013 |archive-date= October 1, 2013 |archive-url= https://web.archive.org/web/20131001051252/http://www.mercurynews.com/sports/ci_24006797/americas-cup-team-oracle-usa-penalized-two-points |url-status= live}}</ref> The Oracle team came from a 1β8 deficit to win 9β8, in what has been called "one of the greatest comebacks in sports history".<ref>{{Cite news |url=https://www.wsj.com/articles/americas-cup-2013-how-oracle-team-usa-launched-the-greatest-comeback-in-sailing-history-1393457596 |title=One of the Greatest Comebacks in Sports History |last=Woo |first=Stu |date=February 28, 2014 |work=The Wall Street Journal|access-date=22 July 2019 |issn=0099-9660|archive-date=July 22, 2019|archive-url=https://web.archive.org/web/20190722165114/https://www.wsj.com/articles/americas-cup-2013-how-oracle-team-usa-launched-the-greatest-comeback-in-sailing-history-1393457596|url-status=live}}</ref> In 2019, Ellison, in conjunction with [[Russell Coutts]], started the [[SailGP]] international racing series.<ref>{{Cite news |url=https://www.nytimes.com/2019/09/20/sports/sailgp.html |title=Russell Coutts Likes Sailing Races With Big Money at Stake |first=Matthew |last=Futterman |newspaper=The New York Times |date=September 20, 2019|access-date=October 11, 2019|archive-date=September 24, 2019|archive-url=https://web.archive.org/web/20190924223932/https://www.nytimes.com/2019/09/20/sports/sailgp.html|url-status=live}}</ref> The series used [[F50 (catamaran)|F50]] foiling catamarans, the fastest class of boat in history with regattas held across the globe. Ellison committed to five years of funding to support the series until it could become self sustaining. The first season was successful with global audiences of over 1.8 billion.<ref>{{cite web |title=SailGP claims $115m economic impact for five host cities |url=https://www.sportbusiness.com/news/sailgp-reflects-on-impact-of-debut-season/ |website=SportsBusiness |date=October 10, 2019 |access-date=11 October 2019 |archive-date=October 11, 2019 |archive-url=https://web.archive.org/web/20191011003520/https://www.sportbusiness.com/news/sailgp-reflects-on-impact-of-debut-season/ |url-status=live}}</ref><ref>{{cite web |title=SailGP reveals economic impac |url=https://www.sailingscuttlebutt.com/2019/10/10/sailgp-reveals-economic-impact/ |website=Scuttlebutt Sailing News |date=October 10, 2019 |access-date=11 October 2019 |archive-date=October 11, 2019 |archive-url=https://web.archive.org/web/20191011003520/https://www.sailingscuttlebutt.com/2019/10/10/sailgp-reveals-economic-impact/ |url-status=live}}</ref><ref>{{cite web |title=SailGP attracts global audience of 1.8 billion in Season 1 |url=http://www.mysailing.com.au/latest/sailgp-attracts-global-audience-of-1-8-billion-in-season-1 |website=mysailing.com.au |date=October 9, 2019 |access-date=11 October 2019 |archive-date=October 11, 2019 |archive-url=https://web.archive.org/web/20191011003519/http://www.mysailing.com.au/latest/sailgp-attracts-global-audience-of-1-8-billion-in-season-1 |url-status=live}}</ref>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Larry Ellison
(section)
Add topic