We have seen that - CODE. ganking not just a flagship, but a whole AT fleet:
But the Alliance Tournament is really a corrupt abomination, not representive of what goes on this game. Don’t get me wrong, it can still be a bit of a lark, but given how much collusion and match-throwing there is to ensure the connected people get their valuable AT ships, or back in the day win a bet they made against themselves, you probably should treat it more as a series of WWE wrestling matches than a real esport or competitive tournament.
Further, it takes place in a safe space separate from New Eden between balanced fleets - in other words it is everything Eve is not. Even if the AT was somehow cleaned up and made into a fair tournament, success there has very little connection to what wins the tourney and what makes a group successful at Eve - unless you count the back room skullduggery and side deals that decides much of the event.
So enjoy the AT as the spectacle it is, but don’t spend too much time analyzing it or trying to emulate/apply what you see in the rest of New Eden.