04/07/2008 08:49. Americas Cup rivals BMW-Oracle Racing and Alinghi will compete on the water for the first time since last years challenge when they meet in the 11-boat iShares Cup at Skandia Cowes Week next month.

BMW-Oracle are fielding a two-boat entry in the Extreme 40 catamaran racing series, which will be crewed by some of the worlds top sailors. Olympic gold medallist and three times Americas Cup winner Russell Coutts will skipper one of the boats. He... // Financial Times