Emirates Spinnaker Tower mid-2005. Because of the six-year delay in opening and not having been ready for the Millennium as planned, the tower was renamed as Spinnaker Tower. The overall development project was over budget, with the tower costing £35.6 million alone. Taxpayers were never intended to fund the tower, but Portsmouth City Council eventually contributed £11.1 million towards construction. In March 2004, Portsmouth Council's former leader Cllr Leo Madden resigned as leader of the Labour Group on the council after a highly critical report of the council's handling of the project and its failure to exploit revenue opportunities, such as the Millennium.
Spinnaker a tight reaching sail, that was developed in the Whitbread Round the World Race by Robert "Hooky" Hook for Paul Cayard's successful EF Language. In that race it replaced the jibs for light upwind work in addition to many off wind angles. The luff is as straight as possible, and the sail is flatter than other asymmetric spinnaker. Due to the flatness of the code 0, it is usually made with a high modulus luff line for supporting strength, and of a heavier, less stretchy fabric than normal for a spinnaker. Due to the tight luff and flat cut, the