Luna Rossa Proceeds To The Quarter Finals

AUCKLAND, NEW ZEALAND

NOVEMBER 3, 2002

LUNA ROSSA PROCEEDS TO THE QUARTER FINALS IN THE LEADING GROUP.

With today's races Round Robin Two of the 2002-2003 Louis Vuitton Cup is officially over. Luna Rossa completes this first series of racing fourth overall with 11 points. Today Luna Rossa did not race against Alinghi as the Swiss last night filed a notice of withdrawal from Round Robin Two.

The Swiss team completes the two Round Robins first overall. Team Prada, therefore, gains the point of the match with Alinghi without racing. The teams now have 7 days off before the start of the quarter finals, scheduled for Tuesday November 12. Only the leading eight teams at the end of the Round Robin Two move forward to the quarter finals, divided in two groups according to their placement: from first to fourth ("double chance group") and from fifth to eighth ("single chance group").

The top teams of both groups have the right to choose their opponent within their own group. Tomorrow Alinghi and Victory Challenge will announce which teams they have picked to race against in the quarter finals. The four teams of the double chance group race each other in a best of seven series. The two winners in this phase move directly forward to the semifinals, while the two losing teams go to the repechage round of the quarterfinals.

Also the four teams in the single chance group race each other in a best of seven series: the two winners go to the repechage round, while the two losers are eliminated from the Louis Vuitton Cup. In the repechage round of the quarterfinals the two losing teams of the double chance group race against the winners of the single chance group in a best of seven series. The winners of this round qualify for the semifinals while the losers are eliminated.

TODAY'S RESULTS - NOVEMBER 3

FLIGHT 7 OF ROUND ROBIN TWO, MATCH 1 POSTPONED FROM OCTOBER 31
Match 1 Oracle BMW Racing USA 76 wins against Le Defi FRA 69 (1' 07" lead)

FLIGHT 5 OF ROUND ROBIN TWO, MATCH 2 POSTPONED FROM NOVEMBER 2
Match 2 Oracle BMW Racing USA 76 wins against Orm SWE 73 (43" lead)

FINAL STANDINGS AT THE END OF ROUND ROBIN TWO
13 pts. Alinghi Swiss Challenge (13 wins out of 16 races)
12 pts. Oracle BMW Racing (12 wins out of 16 races)
12 pts. OneWorld Challenge (13 wins out of 16 races) *
11 pts. Prada Challenge (11 wins out of 16 races)
7 pts. Victory Challenge (7 wins out of 16 races)
7 pts. GBR Challenge (7 wins out of 16 races)
6 pts. Team Dennis Conner (6 wins out of 16 races)
2 pts. Le Defi Areva (2 wins out of 16 races)
1 pt. Mascalzone Latino (1 win out of 16 races)
* OneWorld has had one point deducted in accordance with an Arbitration
Panel penalty.

RACE COURSE

Windward leeward course of 12.5 miles, four legs total, two windward legs and two downwind legs; first and last legs are 3.25 miles, the remaining two are 3.00 miles.

WEATHER CONDITIONS TODAY

Wind from SSW 10 knots increasing to 15-20 kts. Mainly sunny.

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