So, Ellison sued, but the New York Supreme Court ruled in favor of Bertarelli. So Ellison is appealing, and the fate of the Cup is still in the hands of the court.
"It seems a shame to see the legacy of America's Cup being besmirched by a couple of really rich people fighting it out in court for so long," laments Dennis Connor.
Connor knows something about sailing controversy. He used loopholes in the rules to beat New Zealand with a much faster catamaran back in '87.
"In this case Larry Ellison is absolutely right not to back down and just give them their way. He's standing up for 160 years of America's Cup tradition in this case, and I hope he prevails," says Connor.
So what is it the Swiss team is afraid of?
"Well, I think they're afraid of Russell Coutts", says Ellison.
Russell Coutts used to skipper for Bertarelli…and won a Cup for him, until he had a falling out and was fired. Nothing like vengeance to thicken the plot even more. But for now, the world's best sailor can only dream about racing the world's fastest boat for the world's best trophy.