the shock announcement in April<\/a> that it would wind down operations and not compete in the 38th America’s Cup, which is set to take place in Naples. <\/p>\nHowever, the Swiss outfit have now been confirmed to join Emirates Team New Zealand, Great Britain, Italy and France in a new America’s Cup Partnership (ACP). <\/p>\n
The America’s Cup, affectionately known as the Auld Mug, has historically been run on a changeable schedule, with the winning nation deciding the timing and location for the next edition. <\/p>\n
Under the new five-nation alliance, a number of changes to the race have been introduced – including a “fixed calendar”, which will see the race run on an organised biennial cycle instead of being at the winning nation’s discretion. <\/p>\n
Chief executive of holder Team New Zealand Grant Dalton said the move was about “preserving what makes the America’s Cup extraordinary”. <\/p>\n
“We are securing the position of the America’s Cup at the pinnacle of innovation and professional sport for decades to come,” Dalton said. <\/p>\n
Other features of the new partnership include the introduction of an independent management team, cost-control methods aimed to create higher levels of competition, and a “future focused” initiative to have at least one female on board the AC75 race boat at the 38th America’s Cup. <\/p>\n
Owner of Team Alinghi Ernesto Bertarelli said the partnership was “the embodiment of the collective commitment” to improving sailing. <\/p>\n
“We are ensuring that this iconic competition will thrive for generations to come,” he said. <\/p>\n
All five entities in the partnership will contest the 2027 America’s Cup and are set to present further details of the ACP in Naples on January 21 next year. <\/p>\n
Other teams will be able to compete. <\/p>\n
The morning’s headlines in 90 seconds, including celebration and criticism of India free trade deal, Trump puts a Greenland takeover back on the agenda, and a Christmas music favourite dies. (Source: 1News)<\/p>\n","protected":false},"excerpt":{"rendered":"The America’s Cup is set to take place every two years starting from 2027, after organisers announced late…\n","protected":false},"author":2,"featured_media":197746,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[121948,111,43,139,69,18245],"class_list":["post-197745","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-zealand","tag-americas-cup","tag-new-zealand","tag-news","tag-newzealand","tag-nz","tag-sailing"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/197745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=197745"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/197745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/197746"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=197745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=197745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=197745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}