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The America's Cup Trust
Tuesday, 06 October 2009 00:00
ac_trust_091006_AC_mug_public_domain_Bob_Covarrubias_Photography
The America’s Cup Trust
has been established as a Charitable Trust under the laws and codes of the United States of America by JohnTommy Rosas for the purpose of protecting the America’s Cup from damage, past, present, and in the future. The US Department of Treasury/IRS has provided documented confirmation and verification of The America’s Cup Trust. This is a global charitable trust now, by the authority of the Hague Convention on the law applicable to trusts and on their recognition.

The Trust for the Americas Cup has always been there, it was just never formally recognized by the US Federal government. The purpose of The America’s Cup Trust is to serve both the Ultimate and Specific beneficiaries. It will be fully transparent, within the limits of any litigation.

A natural question here is this: Who is JohnTommy Rosas? JohnTommy is a Native American who has strong personal beliefs grounded in the ancient traditions of honor and integrity. He is also a sailor; has more than 50,000 miles of ocean sailing under his sea boots, and is also a USCG Certified Builder of Inspected and Documented Vessels, as well as a USCG Merchant Mariner documented on all levels. JohnTommy is also a Tribal litigator, for the Tongva Ancestral Territorial Tribal Nation, based in southern California. In that capacity, he has had substantial success in defending tribal rights.

The next question will be: Why does JohnTommy Rosas care about the America’s Cup? As a life long sailor, and someone who watched the America’s Cup with a passionate interest, he was disgusted with the actions of Ernesto Bertarelli, and believes there are legal options to prevent the abuse of more than 150 years of traditions that others are not examining.

What does JohnTommy Rosas hope to accomplish through the establishment of The America’s Cup Trust? For starters, specifically, a removal of SNG as the Trustee, and the establishment of a competitive format that will return the America’s Cup to be the great sporting event it was once was. Looking into the future, the goal is to refine the Deed of Gift to prevent damage to the Cup, and all the beneficiaries, while concurrently establishing an entity that will provide oversight of future Defender’s and the competitive terms of each ensuing defense.

JohnTommy has begun the process of seeking support for his action by contacting what he refers to as “AC Elders”. If you understand anything about Native American culture, you will know that “elders” is a term of respect, and that seeking the advice of elders is a wise course of action.

Everyone who is either an Ultimate or Specific beneficiary to The America’s Cup Trust – yacht clubs, yacht designer, builders, sailmakers, all other suppliers, and of course sailors, support teams, the media, race officials, and the sport generally can and should register their interest with The America’s Cup Trust.

If you believe in fair play, sportsmanship and want to see an end to the abuse of the sport caused by the actions of SNG, anyone who wishes to help The America’s Cup Trust achieve its goals may contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

This is just the first of many articles that will appear about The America’s Cup Trust. Mindful that there will be a lot of disbelief at what JohnTommy Rosas has done, we bear in mind these words from Larry Ellison - “When you innovate, you've got to be prepared for everyone telling you you're nuts.”

So, is JohnTommy Rosas nuts or innovative and right? Will his actions help return the America’s Cup to its former stature as one of the world’s premiere sporting events? Comment on the Sailing Anarchy America's Cup forum.

Text: Peter Huston/edited, Photo: Bob Covarrubias Photography

 

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