Latest news with #37thAmerica'sCup
Straits Times
13-08-2025
- Business
- Straits Times
Mixed crews introduced for 2027 America's Cup
Sign up now: Get ST's newsletters delivered to your inbox Team New Zealand celebrates with the Auld Mug trophy on the podium after winning the 37th America's Cup. PARIS – Women sailors will form part of the crews in the 38th America's Cup in Naples in 2027, under a long-awaited protocol released on Aug 12. The boats will race with a crew of five, one of which must be a woman, and the functions of the boat will increasingly be powered by battery. The woman crew member and two others must come from the country that the boat is racing for. In another new measure, team costs will be capped at €75 million for the 2027 edition. Holders Team New Zealand and their challengers Athena Racing signed off on the protocol. Athena's CEO and team principal Ben Ainslie described the protocol as a 'seismic moment' for the competition. 'The teams and yacht clubs share a vision to make the America's Cup more inclusive, compelling, and financially sustainable. This new model marks a unified commitment to that vision,' the Briton said. Top stories Swipe. Select. Stay informed. Business Singapore banks face headwinds in rest of 2025, but DBS is pulling ahead: Analysts Asia Mixed reactions among Malaysia drivers on S'pore move to clamp down on illegal ride-hailing services Asia Southern Taiwan shuts down ahead of Typhoon Podul's arrival; hundreds of flights cancelled Business Singtel Q1 profit soars 317.4% to $2.9 billion on exceptional gains of $2.2 billion Asia Diamonds, watches and shoes: Luxury items at heart of probe into South Korea's former first lady Singapore Yishun man admits to making etomidate-laced pods for vaporisers; first Kpod case conviction Sport New Hui Fen becomes first Singaporean bowler to win PWBA Tour Player of the Year Singapore SG60: Many hands behind Singapore's success story New York Yacht Club (NYYC) commodore Jay Cross also said they are 'completely supportive' of the move. The America's Cup, billed as the oldest trophy in international sport, was retained by New Zealand last October in Barcelona when they beat Britain. NYYC are the most successful team with 25 titles. 'As the three-time successive winner and Defender of the America's Cup and along with the RNZYS (Royal New Zealand Yacht Squadron) as current Trustee, we feel the responsibility to continue to drive the growth of the America's Cup event,' Team New Zealand CEO Grant Dalton said in a statement. 'Although the America's Cup is the oldest trophy in international sport and the pinnacle of sailing, its Achilles heel has always been its lack of continuity, so this transformation now gives all teams collective stewardship. 'By negotiating this Protocol and the America's Cup Partnership with the Challenger of Record, it provides certainty for teams, commercial partners, and event venues to invest for multiple editions.' The 38th edition will feature Peter Burling of New Zealand, a three-time winner, bringing his wealth of experience to Italian outfit Luna Rossa, although it is in an undefined role. Burling, who was pivotal to New Zealand's three successive wins (2017/21/24) skippering them in the last two, became a free agent in April when he was unable to reach an agreement with Team New Zealand. While it is traditionally the holders who choose the venue, Team New Zealand said in April they could not secure government backing to host the regatta. Italy then stepped in. It will be the first time the world's most prestigious regatta takes place in Italy and the home advantage gives the hosts a chance to finally win one of the oldest competitions in international sport. AFP, REUTERS
The Star
12-08-2025
- Sport
- The Star
Sailing-America's Cup 2027 teams to share equal governance under new partnership
FILE PHOTO: Sailing - 37th America's Cup - New Zealand v Britain - Barcelona, Spain - October 19, 2024 INEOS Britannia and Emirates Team New Zealand in action during race nine REUTERS/Albert Gea/File Photo (Reuters) -The 2027 America's Cup will see a governance change with participating teams set to share equal authority through the America's Cup Partnership as they look to grow the sport globally, organisers said on Tuesday. ACP will organise and manage the event's on and off-water format and oversee media and commercial rights. Organisers had already agreed to stick with the AC75 foiling monohull vessels for the 38th America's Cup, which will be held in Naples, Italy in the spring and summer of 2027. At least one female crew member will be on board the AC75 as part of inclusivity efforts, while a 75 million euros ($87.10 million) cost cap is set for each team to control spending. "The crew of the AC75s will consist of five sailors, with increased function of the boat powered by battery," organisers said in a statement. "The nationality clause requires that two sailors plus the female sailor must be a national of the country of the competitor but will allow up to two non-nationals to sail on board as well." New York Yacht Club (NYYC) commodore Jay Cross said they are "completely supportive" of the move. The America's Cup, billed as the oldest trophy in international sport, was retained by New Zealand last October in Barcelona when they beat Britain. NYYC are the most successful team with 25 titles. "As the three-time successive winner and Defender of the America's Cup and along with the RNZYS (Royal New Zealand Yacht Squadron) as current Trustee, we feel the responsibility to continue to drive the growth of the America's Cup event," Team New Zealand CEO Grant Dalton said in a statement. "Although the America's Cup is the oldest trophy in international sport and the pinnacle of sailing, its Achilles heel has always been its lack of continuity, so this transformation now gives all teams collective stewardship ... "By negotiating this Protocol and the America's Cup Partnership with the Challenger of Record, it provides certainty for teams, commercial partners, and event venues to invest for multiple editions ..." Britain's Athena Racing team is the Challenger of Record for the 38th America's Cup. Entries open from August 19. ($1 = 0.8611 euros) (Reporting by Pearl Josephine Nazare in Bengaluru; Editing by Ken Ferris)
Japan Today
22-05-2025
- Sport
- Japan Today
An America's Cup without an American boat? American Magic says it may not sail in Naples
American Magic's AC75 boat sails during a semi-final America's Cup Regatta ahead of the 37th America's Cup sailing race along the Barcelona's coast, Spain, Sept. 14, 2024. (AP Photo/Joan Monfort, File) yachting By JOSEPH WILSON American Magic has put its participation in the next America's Cup in serious doubt after it cited 'transparency' concerns related to Team New Zealand's decision to hold the 2027 regatta in Naples, Italy. The team that represented the New York Yacht Club in last year's cup in Barcelona issued a statement on Thursday saying cup holder Team New Zealand 'has been unwilling to commit to the transparency and cooperation necessary' regarding its plans for Naples that were announced last week. If American Magic does not compete and no other American team enters in its place, then for the first time in the event's history, there will not be an American team in the America's Cup. American boats have won the America's Cup a record 25 times and held it from its first race in 1851 all the way through 1983. Team New Zealand did not immediately respond to messages for comment from The Associated Press. American Magic's complaint was made public shortly after British team Athena Racing, representing all challengers, issued a statement criticizing what it called the lack of information provided by Team New Zealand on the deal with Italian organizers. It is 'difficult to understand what exactly has been agreed between Team New Zealand and the government of Italy as the sporting framework and details of the event do not yet exist,' Athena said. American Magic backed up Athena's position by saying that 'without the meaningful changes they (Athena) are advocating, it is difficult to see how NYYC American Magic can participate in the 38th America's Cup.' Neither Athena nor American Magic went into further detail regarding their complaints. © Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Yahoo
22-05-2025
- Sport
- Yahoo
An America's Cup without an American boat? American Magic says it may not sail in Naples
American Magic's AC75 boat sails during a semi-final America's Cup Regatta ahead of the 37th America's Cup sailing race along the Barcelona's coast, Spain, Sept. 14, 2024. (AP Photo/Joan Monfort, File) BARCELONA, Spain (AP) — American Magic has put its participation in the next America's Cup in serious doubt after it cited 'transparency' concerns related to Team New Zealand's decision to hold the 2027 regatta in Naples, Italy. The team that represented the New York Yacht Club in last year's cup in Barcelona issued a statement on Thursday saying cup holder Team New Zealand 'has been unwilling to commit to the transparency and cooperation necessary' regarding its plans for Naples that were announced last week. Advertisement If American Magic does not compete and no other American team enters in its place, then for the first time in the event's history, there will not be an American team in the America's Cup. American boats have won the America's Cup a record 25 times and held it from its first race in 1851 all the way through 1983. Team New Zealand did not immediately respond to messages for comment from The Associated Press. American Magic's complaint was made public shortly after British team Athena Racing, representing all challengers, issued a statement criticizing what it called the lack of information provided by Team New Zealand on the deal with Italian organizers. Advertisement It is 'difficult to understand what exactly has been agreed between Team New Zealand and the government of Italy as the sporting framework and details of the event do not yet exist,' Athena said. American Magic backed up Athena's position by saying that 'without the meaningful changes they (Athena) are advocating, it is difficult to see how NYYC American Magic can participate in the 38th America's Cup.' Neither Athena nor American Magic went into further detail regarding their complaints. ___ AP sports:
The Advertiser
15-05-2025
- Business
- The Advertiser
Italy to host 2027 America's Cup in Naples: PM
Italy will host the next edition of the America's Cup in 2027 in Naples, Prime Minister Giorgia Meloni says, the first time for the country to host sailing's most prestigious competition. Three-times defending champions New Zealand said in March they would no longer seek to host the next edition, citing a lack of economic support from the government. "The choice of Italy is a choice that makes us proud, because it is a recognition of the very identity of our nation. Without the sea, in fact, we would not be what we are," Meloni said in a statement on Thursday. "We look forward to welcoming the America's Cup. Italy will rise to this challenge and show the world once again what it is capable of." New Zealand retained the title by winning the 37th America's Cup in Barcelona last October over Britain for their fifth triumph. Italy will host the next edition of the America's Cup in 2027 in Naples, Prime Minister Giorgia Meloni says, the first time for the country to host sailing's most prestigious competition. Three-times defending champions New Zealand said in March they would no longer seek to host the next edition, citing a lack of economic support from the government. "The choice of Italy is a choice that makes us proud, because it is a recognition of the very identity of our nation. Without the sea, in fact, we would not be what we are," Meloni said in a statement on Thursday. "We look forward to welcoming the America's Cup. Italy will rise to this challenge and show the world once again what it is capable of." New Zealand retained the title by winning the 37th America's Cup in Barcelona last October over Britain for their fifth triumph. Italy will host the next edition of the America's Cup in 2027 in Naples, Prime Minister Giorgia Meloni says, the first time for the country to host sailing's most prestigious competition. Three-times defending champions New Zealand said in March they would no longer seek to host the next edition, citing a lack of economic support from the government. "The choice of Italy is a choice that makes us proud, because it is a recognition of the very identity of our nation. Without the sea, in fact, we would not be what we are," Meloni said in a statement on Thursday. "We look forward to welcoming the America's Cup. Italy will rise to this challenge and show the world once again what it is capable of." New Zealand retained the title by winning the 37th America's Cup in Barcelona last October over Britain for their fifth triumph. Italy will host the next edition of the America's Cup in 2027 in Naples, Prime Minister Giorgia Meloni says, the first time for the country to host sailing's most prestigious competition. Three-times defending champions New Zealand said in March they would no longer seek to host the next edition, citing a lack of economic support from the government. "The choice of Italy is a choice that makes us proud, because it is a recognition of the very identity of our nation. Without the sea, in fact, we would not be what we are," Meloni said in a statement on Thursday. "We look forward to welcoming the America's Cup. Italy will rise to this challenge and show the world once again what it is capable of." New Zealand retained the title by winning the 37th America's Cup in Barcelona last October over Britain for their fifth triumph.
