Competitors agree to be bound by International Sailing Federations Racing Rules of Sailing (RRS) 2005/2008, by the Sailing Instructions and the Notice of Race.
Competitors agree to take any and all responsibility for the nautical qualities of
their yacht, the rigging, the crew's ability, and the safety equipment.
Competitors also agree to take any and all responsibility for damages caused to third persons or their belongings, to themselves or to their belongings, ashore and at sea as a consequence of their participation in the regatta, relieving of any responsibility the Organising Authority and all persons involved in the organisation under whatever qualification and to accept full responsibility for the behaviour and dress of the yacht's crew, representatives and guests.
Competitors are to be acquainted with ISAF Part 1 Fundamental Rule 4: “The responsibility for a boat’s decision to participate in a race or to continue racing
is hers alone”.

In any case I agree that the Yacht Club Costa Smeralda,the TP52 Class Association, the sponsors and their agents, in particular Rolex SA, have no responsibility for loss of life or injury to members or others, or for the loss, or damage to any vessel or property.