Broke our kite (gennaker) on leg 2 of today's fifth and final race of ACt 5, and that was pretty much the story of our day. We were in a strong fifth at the time, just behind Luna Rossa, and with Alinghi and ETNZ struggling back in the pack. However, by the time things got sorted we had slipped to 10th.

Meanwhile the jury, no surprise, disqualified the Swedes from the race yesterday afternoon, which they won, after they failed the post-race measurement check. Instead of scoring 12 points for that race, the Swedish team now score 0, dropping them from 1st overall to sixth.

So it all came down to a photo-finish in today's final race between Luna Rossa and Alinghi. Luna Rossa edged Alinghi, tieing the two of them for first overall on 45 points. The tie break went in favor of Luna Rossa as they finished higher than Alinghi in three of the five Act 5 races.

Full marks to Luna Rossa who, from Day One, sailed a consistently good series. I sat at dinner at last night's posh Louis Vuitton dinner with Luna Rossa skipper James Spithill (AUS). At age 25 or 26 he is already sailing his third Cup. No doubt Jimmy and his team will be a force to be reckoned with.

Good news is that we need a good hard slog among the Challengers between now and the end of the Louis Vuitton Cup if one of us is going to be good enough to beat Alinghi. Looking more and more like we are going to get every bit of that and more.

Can't wait to get back at 'em in Malmoe (SWE) for Acts 6 and 7 beginning 25 August.