Swiss Defender Alinghi and Emirates Team New Zealand vie for position in Valencia.
Swiss Defender Alinghi (L), and Emirates Team New Zealand vie for position before the start of their race during day 5 of the Louis Vuitton Act 4 competition in Valencia, Spain, June 20, 2005. The races in Acts 4 and 5 will count towards a bonus point system leading up to the 32nd America's Cup to be held in Valencia in 2007. Alinghi defeated Emirates Team New Zealand in the race. REUTERS/Heino Kalis MMR/KS