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Iain Percy to head next Artemis America's Cup Team

Iain PercyArtemis Racing America's Cup team owner Torbjorn Tornqvist has announced that, two-time Olympic gold medalist Iain Percy will take over the lead of the team as it plans for the next edition of the 162-year-old regatta.

Percy, who led the on-water crew as skipper during this year's Cup campaign, will take the title of team manager and succeed Paul Cayard, the team's chief executive officer, after the current Cup ends.

Tornqvist’s Artemis Racing team competed after a May training accident that killed Andrew Simpson, Percy’s Olympic partner and longtime friend who won gold and silver medals with him at the 2008 and 2012 Games.

Tornqvist said the racing campaign convinced him to take on a greater role in team operations. He also felt it was important to keep a core group of sailors to build around, particularly Percy and helmsman Nathan Outteridge, the 27-year-old Australian who won the gold medal sailing 49er class skiffs at 2012 Olympics.

“He can drive anything,” Tornqvist said of Outteridge. “We’re going to have a core of people from the existing team and see what happens with the next Cup before we go on.”

“I think we all felt pride in what we achieved in our own way,” Tornqvist said. “It was an emotional moment for Iain and myself. We had lost. We were out. But we had done what was possible.”

Tornqvist, whose 44 percent stake in the commodities trader Gunvor Group Ltd gives him a net worth of $3.1 billion, according to the Bloomberg Billionaires Index.

Team Artemis 2013Click image for a larger image

Aaron Kuriloff / Bloomberg.com
13 September 2013 13:23 GMT


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