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TERRA NOVA TRADING / YACHTING KEY WEST RACE WEEK
January 21-25, 2002

January 24, 2002

Thursday's conditions: Wind 10-15 knots, S-SE.

National Weather Service forecast for Friday: Wind 10 knots, E-SE, seas 1-2 feet.

PROTEST FLAGS FLY IN CRUNCH TIME AT KEY WEST
1D35 Wild Thing, Australia's Mumm 30 Foreign Affair Clinch Class Titles Early

KEY WEST, Fla.-Crunch time, and it started getting ugly at Terra Nova Trading/Yachting Key West Race Week Thursday. The throng outside the jury tent was as grim as an Enron stockholders' convention.

In the IMS big-boat class, Idler, George David's Nelson/Marek 49 from New York, protested Isam Kabbani's C/M 60, Rima, but-alas-David did not slay Goliath. So now the Newport, R.I. entry has a small but seemingly
insurmountable two-point lead going into the eighth and last race Friday.

In the Farr 40 fracas, John Kilroy's Samba Pa Ti protested George Andreadis' Atalanti XI and won but, wonder of wonders, the former Athens banker emerged with an overall lead one point better (4) than he held a day
earlier-and Atalanti XI still hasn't had a finish better than third.

It's all Greek to many observers, but it has something to do with the new discard system implemented this year that allows a competitor to throw out his worst race after completing seven. The Wally Tsuha/Bob Hughes
Heartbreaker is second.

In the Melges 24 world championship, Italian sailor Flavio Favini, sailing a boat owned by Franco Rossini of Switzerland, ran his win streak to five races before finishing seventh. With two races remaining, Favini has a
nine-point lead, 36-45, over defending champion Harry Melges, who had a 2-4 day. Two-time world champion Vince Brun, 6-1 on the day, is next with 60 points and nobody else is in contention.

Much more Melges 24 information is in the report following this release.

Two crews earned the luxury of becoming tourists on the final day: Chris and Kara Busch's 1D35, Wild Thing, from San Diego and Richard Perini's Mumm 30, Foreign Affair, from Sydney, Australia. Each clinched its one-design class with a race to spare Thursday and can afford to send Friday's final race to the discard bin and kick back.

Wild Thing never gave its competition an opening. The talent-laden boat won six of seven races-the last five in a row. Gary Weisman, the North Sails president who was Wild Thing's tactician, said, "We had one of those good weeks"-the understatement of the regatta. "There are a lot of brains on the boat. Chris knows these boats really
well, and we're all talking nice and quietly. Yesterday and today when there was more wind I thought we just handled the boat better than anybody else."

Wild Thing placed third at Key West last year and then second to Doug Devos' Windquest by two points in the 1D35 Nationals at Miami, but Kara Busch was conservative."I expected to be in the top five here," she said.Her problem now is replacing her husband Chris and helmsman Ben Mitchell, who will be joining Dennis Conner's Stars & Stripes America's Cup team in training at San Pedro next month.

Perini's Mumm 30, built in Malaysia, has never seen Australia. It was shipped directly to Sardinia for last year's class Worlds, then to Miami for the Lewmar Cup and finally to Key West. But it has an all-Aussie crew, except for tactician Steve Flam of Long Beach, Calif. and pitperson Capucine Pin of Annapolis, Md. How did Flam hook up? "He just showed up wearing the right shirt," Perini said.Flam also showed up this week wearing a hood and a thick facial coating of zinc oxide. He recently received major treatment for skin cancer-it's called a "face peel"-and said, "My dermatologist told me to stay out of the sun." He did the best he could. Foreign Affair spent minimal time on the water this week, although the crew was leaning toward sailing a meaningless race today. "It's a bit rude not to," boat captain Darren Jones said. "We'll just take a carton of beer and a stereo and have a good time."

Several boats, including Foreign Affair, Doug Harkrider's F-28R trimaran and David Balfour's J/80, overcame temporary lapses in speed when they collected kelp on their rudders or keels.Randy Smyth was 1-2 and has the title in hand. Harkrider, the F-31 national champion, said he thought the multihulls had made a good enough impression to be invited back."We've had a lot of people stare at us as we go flying by," he said.

Bob Johnstone, who moved to the top of the J/105 class with a 5-1 day, said, "We had good starts and good speed, but it's very competitive. The top 10 boats are all in there."

Defending champion Kerry Klingler has a comfortable lead in the J/80s, though not as overwhelming as last year. "It's hard for any person to dominate these races," Balfour said after his 1-6 led the way Thursday.

Idler's protest against Rima arose from a pre-start incident when Idler tried to keep its larger rival out of the starting box. "We kind of took 'em up," said Idler tactician Ken Read, who drives the Stars & Stripes boat. "We wanted to push 'em up beyond the pin. "Big boats here seem to have a pretty distinct advantage. With these wind
conditions and a taller rig, getting off the line in front of them is important. We wanted to win, so we were the aggressor. I don't do all this match racing for nothing."

Andreadis' error occurred at the windward mark of Thursday's first race when he finished sixth. He tried to squeeze Atalanti XI around the mark in front of Samba Pa Ti. "It was either that or they would have had to duck a lot of boats coming up [on the starboard layline]," said Jeff Madrigali, a member of Samba Pa Ti's afterguard.

Heartbreak tactician Terry Hutchinson noted, "It's so tempting to go in there instead of taking 15 transoms."

Atalanti XI tactician Robbie Haines took the setback well. "We just figure it's our throwout, anyway," Haines said.

Hutchinson said today's strategy won't necessarily be to attack Atalanti XI in a match race. "I think the wind's going to go light Friday, so our plan is just to sail. Certainly, we'll be in touch with them, but it's too easy
to lose 10 boats if you take chances."

BOATS OF THE DAY

Monday/ Lewmar Marine Day: Nerone (Farr 40), Masimo Mezzaroma, Savona, Italy
Tuesday/City of Key West Day: Foreign Affair (Mumm 30), Richard Perini, Sydney, Australia
Wednesday/Mt. Gay Rum Day: Blu Moon (Melges 24), Flavio Favini, Switzerland.
Thursday/Yachting Magazine Day: Wild Thing (1D35), Chris and Kara Busch, San Diego, Calif.
Friday/Terra Nova Trading Day

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INTERNATIONAL MELGES 24 CLASS ASSOCIATION
PRESS RELEASE - 23 JANUARY 2002

FLAVIO FAVINI & HARRY MELGES HEAD THE LEADER BOARD AT MELGES 24 WORLD
CHAMPIONSHIP

The penultimate day of the 2001 Melges 24 World Championship brought an interesting mix of weather and sea conditions and some very exciting racing. Although the race committee had hope to complete 3 more races the
dying, shifting breeze resulted in a wise decision to stop at two.

Overnight leader Flavio Favini (helming for Franco Rossini) consolidated his lead in race 7 with another impressive win but race 8 saw him cross the line 7th with a protest hanging over him following an incident with Brian Porter on the final run. Harry Melges meanwhile put in another solid day to take a 2nd and 4th keeping him safely in second place overall.

"We were happy with this morning and then we came out OK in the second one. There are still two races to go so the situation is definitely still open. Full Throttle is protesting us for an incident in race eight so we'll have
to see what the jury has to say." said Favini immediately he arrived ashore.

Race 7 started in 15 knots with a nasty chop on top of the long swell and for the first time all week the fleet seemed to favor the left hand end of the line. Unfortunately a number of teams were a little too eager and
amongst those caught over the start line were Brian Porter, Laurent Pages and Morgan Reeser. Favini did not make the same mistake and yet again he led the race from start to finish. Melges had a moderate first beat to
round 9th but an impressive first run took him through to 2nd and although he was never quite able to best Favini, he comfortably hung on to 2nd for the rest of the race. Behind him places changed constantly at the front of
the pack with Jamie Lea (helming for Richard Thompson) eventually taking 3rd from Robert Tennant 4th and Vince Brun 5th.

At the start of race 8 the wind was down to around 12 knots and it continued to drop off throughout the race. Although the worst of the chop had flattened off there was still a noticeable swell running and it was the
crews who were on the pace with their gear changes and shift spotting that made it into the chocolates. George Szabo (helming for Jeff Jones) and Kent Haeger both put together excellent first beats to head the fleet round
the weather mark just ahead of Vince Brun and Doug Clarke (helming for Paula Zubrzycki). Down the first run Brun managed to pull up to second but was unable to get past Jones who held him off all the way to the finish.
Behind them the battle for places was fierce and positions changed with every mark rounding. Pages eventually took third with Melges 4th ahead of Clark and Brit Tony Weatherall (helming for Dave Clark). The battle for
7th and 8th between Porter and Favini was a humdinger and as a result of the incident in which Porter felt Favini infringed him it was also very vocal. Favini crossed the line just seconds ahead of Porter.

Melges was delighted with his 2nd and 4th and with the promise of his preferred light airs for the final two races tomorrow is looking forward to the last day. "We had a good day today. The wind was fading all day which was to our favor because Flavio and his team have been going so fast when the breeze is up. We finally got ahead of him in the last race so we've gained a couple of points back. We've got a couple of races tomorrow with some lighter air so we'll see what happens." commented Melges.

As we go to press the result of the protest between Porter and Favini, which will have a significant effect on the standings is still awaited. What is clear is that regardless of the result of that protest the championship is still very much open and we can expect some great sailing again tomorrow and Favini and Melges fight it out for the Melges 24 World Title.
---FIONA BROWN

Full results and further information on the Melges 24s can be found at www.melges24.com.

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