2nd U.S. team barely hanging on

Dennis Conner is all but finished with the America’s Cup, unable to raise the staggering amount of cash needed to fund his own team and too old to steer someone else’s boat.

Conner, the man most identified with the oldest trophy in international sports, has said for more than a year that he likely would be priced out of the next America’s Cup. With the entry deadline for the 2007 regatta just hours away, Conner made if official on Thursday that he would not have a team in the cup for the first time in 30 years.

2nd U.S. team barely hanging on

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