The 4th Louis Vuitton Cup was held in San Diego, United States in 1995. The winner, Team New Zealand, went on to challenge for and win the 1995 America's Cup. The teams Originally ten challengers from seven nations submitted bids to compete for the 1995 Louis Vuitton Cup. However Il Moro di Venezia collapsed after the death of its director Raul Gardini. The Challenger of Record Committee then eliminated a Russian bid after it missed several deadlines and the French challenge representing Yacht Club d'Antibes withdrew even though its yacht Harmony was almost completed. Team New Zealand Team New Zealand represented the Royal New Zealand Yacht Squadron and was headed by Peter Blake. The skipper was Russell Coutts and the crew included Brad Butterworth, Tom Schnackenberg, Murray Jones, Tony Rae, Kevin Shoebridge and Craig Monk. The team was the second challenge from the Royal New Zealand Yacht Squadron but built on the work of three previous challengers since 1987. Co-designed by Doug Peterson and Laurie Davidson, their boat showed a significant jump forward in speed. In sea trials against New Zealand's 1992 entry, NZL-20, a very good boat at the 1992 Cup, the new black boat easily outpaced it. Recalled boat Doug Peterson, "That first day Brad Butterworth came back and said, 'My god, it's like a different class of boat.' " The team finished with an official record of 41–2 and led 93% of the 260 legs it competed in. One Australia One Australia was skippered by John Bertrand, the winner of the 1983 America's Cup. The syndicate won the 1994 IACC World Championship with AUS-31. AUS-35 was then constructed through a partnership agreement with the Australian Challenge – a deal that, it was claimed, violated the two boats per syndicate rule. However the boat was allowed to compete in the 1995 Louis Vuitton Cup. She performed well until halfway through its match race of 5 March 1995, when it suddenly broke in half in heavy seas and sank within two minutes. She was the first America's Cup contender ever (144 years) to lose a match race by shipwreck. The crew survived, and reverted to their second boat, AUS-31 for the rest of the regatta. They still made the Louis Vuitton Cup final, where they lost to Team New Zealand 5–1. The crew included Adam Beashel, navigator Andrew Cape, Iain Murray, Matt Mitchell, Billy Bates, Mark Richards, Alan Smith,