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>> AMERICA'S CUP Latest News

SEP 03, 2013 - Reuters

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Oracle hit with unprecedented penalties for America's Cup cheating

San Francisco (Reuters) - Software mogul Larry Ellison's Oracle Team USA suffered a major setback in its effort to retain the America's Cup sailing trophy when an international jury on Tuesday docked the team two points and kicked three team members out of the event for adding illegal weight to Oracle boats.

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