IF there’s one thing challengers for the 36th America’s Cup should avoid dwelling on, it is the record of the Defender, Emirates Team New Zealand. In a sport where few syndicates in its modern era survive more than three or four campaigns, and many disperse after one, ETNZ’s DNA was linked more than three decades ago.
ETNZ, and its predecessor, have won the Auld Mug three times, lost four Cup matches, with its worst showings being two losses in the challenger finals. The previous holder, Larry Ellison’s Oracle Team USA, folded after five campaigns, two of them victorious, while predecessor Alinghi won two and lost the third. The three current challengers can take comfort from the New Zealanders having stumbled more often than winning, and can hope that its own…