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Oracle forfeits ACWS titles

Updated: August 8, 2013, 10:16 PM ET
Associated Press

America's Cup champion Oracle Team USA has forfeited its overall championships from the first two seasons of the America's Cup World Series after it was determined that its yachts were modified without the permission of the Measurement Committee.

The violation occurred when America's Cup teams were sailing 45-foot training yachts, before they launched the 72-footers that are being sailed this summer on San Francisco Bay.

While seemingly insignificant in the big picture, the violations ...

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