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Juan K (Johan Komentjian) describes designing Crazy Coyote, an IMS racing yacht built by Goetz in Rhode Island for the 1999 Admiral's Cup.0:35 The boat featured an unstayed mast — a deliberate rating loophole that earned significant IMS certificate credit with minimal performance penalty.2:11 Crazy Coyote won every corrected-time race at the pre-Admiral's Cup regatta in Livington, triggering a political dispute in which the organizing authority, under pressure from the 50-footer owners' association, issued a revised IMS certificate that stripped most of the rating advantage.3:58 Given 24 hours to accept or decline, owner Tim Candler rejected the new certificate; when the opposing parties then demanded two DNS scores on top of the revised rating, no agreement was possible and the boat was withdrawn and displayed in the harbor.7:38 Juan K, then 25–26 years old, represented the owner in those negotiations.5:36 He argues the boat was legal under the rules as written and should have been allowed to race on its original certificate.10:19 The controversy contributed to the Admiral's Cup's decline; the 2001 edition was cancelled and the last was held in 2003.7:53 Juan K's subsequent career centered on the America's Cup with Luna Rossa and Oracle, three Volvo Ocean Race wins with designs including Grupama and the Ericsson boats — several of which continue winning offshore races including the Sydney Hobart and Caribbean 600 — Star class development, and Club Swan one-design racing yachts including the Club Swan 50, 43, 28, 80, and 125.11:09 Designing a boat that makes the competition obsolete, he concludes, guarantees controversy regardless of legality.9:14

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