Alinghi CEO (not Bertarelli) Sails On (and Out)

Rumor has it that Alinghi's chief executive,m Michel Hodara, is quitting.

He has played a critical role in the successful Alinghi battle to win the Cup.

Part of the problem for Mr. Hodara remains the lack of focus on the next Cup activites: No firm dates, no firm boats, etc. How do you manage a race this way?

Alinghi has not named his replacement (not a lot of people want to work under these conditions--no real job, everything's still in court, and everything else is up in the air.

Mr. Bertarelli's America's Cup Management "company," which he ownes outright, will continue to operate more or less in Valencia, Spain.

In trying to put a positive spin on this rumor, your Blogster is devoid of ideas......