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America's Cup

Larry Ellison (left)

Larry Ellison (left)

Larry Ellison, owner of BMW Oracle, offers a toast next to BMW Oracle chief executive Russell Coutts at the Golden Gate Yacht Club in San Francisco, California, yesterday. US challengers BMW Oracle won the 33rd America's Cup off the coast of Valencia, Spain, last week after beating Swiss holders Alinghi in the second race to claim the best-of-three series 2-0 in a triumph of superior design and technology.

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