Swiss defender Alinghi Thursday offered to hold the next edition of the America's Cup in eastern Australia in a bid to resolve its legal dispute over a venue with US challenger Oracle.
Alinghi "proposes to stage the 33rd America's Cup on the east coast of Australia, in the Southern Hemisphere, in compliance with the Deed of Gift," the 19th century rules that govern the trophy, it said in a statement.
"This is a venue that should be acceptable to both teams if, as expressed publicly, the true intention of Oracle is to race for the America?s Cup on the water."