So, is it on or is it not?

In a 500 word press release online, the America's Cup Event (ACE) people have managed to give no clear indication of what is going to happen.

What appears to have been written by lawyers and public relations people the press release uses a lot of big words and verbiage (the first sentence is 53 words long!) but I end up with no real idea of what is about to occur.

What do you think?https://www.americascup.com/en/news/1082_AMERICAS-CUP-EVENT-ACE-POSITION-ON-CONTINUATION-OF-RACING-

https://www.americascup.com/en/news/1082_AMERICAS-CUP-EVENT-ACE-POSITION-ON-CONTINUATION-OF-RACING-

Pantaenius Sailing
Ronstan
Jeanneau Sun Fast
West Systems 2
Yacht Share Mariner
Jeanneau Sun Fast
Multihull Group