Madrid - The organizers of the 33rd America's Cup, which was due to be held in Valencia in 2009, have decided to delay the competition until 2011.
The decision comes in the light of legal action by the US team BMW Oracle against current cup holder Alinghi, of Switzerland, on the basis that it has chosen an illegitimate yacht club as lead challenger for the next event. The action is based on a claim that the Valencia yacht club does not meet the terms of the competition as a legitimate venue.
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