America's Cup Partnership

The high-stakes arena of elite sailing is witnessing a seismic shift. For the first time in over a quarter-century, Australia is re-entering the ring for the world’s oldest sporting trophy. The announcement of the Team Australia Challenge for the 38th America’s Cup marks more than just a patriotic comeback; it signals a strategic evolution in how modern campaigns are built, funded, and executed in the foiling era. Led by sailing icon Glenn Ashby, this bid leverages decades of technical expertise and a unique partnership with Emirates Team New Zealand to bridge the gap between dream and reality. Australia returns to the America’s Cup after 26 years Glenn Ashby, a name synonymous with multihull dominance and technical innovation, is the architect behind this ambitious revival. After 26 years on the sidelines, the Team Australia Challenge represents a convergence of commercial viability and sporting legacy. Ashby, serving as a founding member and head of performance and design, describes the project as starting with a dream shared by John Winning Jr. and his family. The mission is clear: move beyond the ‘lone wolf’ status of past Australian bids and build a sustainable, high-performance culture that can compete with the established giants of the America’s Cup. The timing of this entry is a calculated move. By joining the America’s Cup Partnership (ACP), the Australian team gains access to a commercial framework that prioritizes sustainability. For years, the instability of the Cup’s format, boat classes, and locations deterred investors. The ACP aims to provide a clear runway, allowing teams like Australia to look past a single cycle toward a long-term legacy. Ashby is under no illusion about the difficulty; he equates the task to climbing a mountain with a compressed timeline, requiring an expansion from a core group to nearly 100 staff members by the end of the year. Strategic design and the New Zealand connection In a departure from the secretive isolation of the late 2000s, the Team Australia Challenge has secured its technical foundation through a design package from Emirates Team New Zealand. This ‘shared design’ philosophy is the lifeblood of late-entry campaigns. Without it, building a 30-person design office and a full-scale boat-building operation from scratch would be impossible within the current window. The Australians will utilize the 2021 hull, Te Rehutai, as a base, retrofitting it with new componentry and modifying the cockpits to meet version three of the AC75 class rules. Ashby views this not just as a shortcut, but as a necessary umbilical cord that will eventually be cut as the team gains self-sufficiency in Naples. Generation Z disrupts the 49er and FX World Championships While the senior teams prepare for the Cup, the future of the sport was on full display in Quiberon, France. The 49er, 49er FX, and Nacra 17 World Championships showcased a definitive changing of the guard. Young Kiwis Seb Menzies and George Lee Rush made history as the youngest ever winners of the 49er world title, continuing a tradition of New Zealand excellence established by legends like Peter Burling and Blair Tuke. Their victory in unpredictable, shifty conditions proved that the next generation possesses the muscle memory and tactical maturity to handle the world’s most demanding skiffs. This youth movement isn’t restricted to Olympic circles. The crossover between the 49er fleet and the America’s Cup is more pronounced than ever. Menzies, for instance, transitioned immediately from his world title victory to joining the Emirates Team New Zealand youth boat for the preliminary regatta in Cagliari. This pathway highlights how teams are now prioritizing time efficiency and multi-class development. The skills required to balance a 49er at 25 knots in heavy spray translate directly to the high-speed communication and foil-management needed on an AC40. Controversy over the Olympic medal race format The regatta in France served as a brutal testing ground for the new Olympic points compression format. The system, designed to heighten spectator jeopardy by erasing large leads on the final day, was met with mixed reactions from athletes and analysts. Paula Barcelo and Maria Cano of Spain, who held a massive 20-point lead going into the final day of the 49er FX, ultimately lost the gold to Norway after the lead was artificially compressed. Critics argue that while the drama is undeniable, the format risks rewarding luck over consistent excellence, especially on shifty racecourses where a single gust can dictate a world championship. Nacra 17 faces structural scrutiny despite Italian dominance Gian Luigi Ugolini and Maria Giubilei finally stepped out of the shadow of their double Olympic champion compatriots to secure their first Nacra 17 world title. Their victory reinforces the Italy production line’s dominance in the mixed multihull class. However, the class itself is under review for the Los Angeles 2028 Olympics. Low entry numbers at the world championships have raised alarms. Ugolini defends the low turnout as a sign of the class’s difficulty; young teams often choose to train in isolation rather than spend resources competing when they haven't yet mastered the extreme speeds required to be competitive. The health of the Nacra 17 class is also tied to its exclusivity. There is a strong correlation between the top-tier teams and their affiliation with America’s Cup programs. This has created a data-sharing bottleneck. Unlike SailGP, which mandates the sharing of performance data to level the playing field, the Nacra 17 remains a ‘closed shop.’ The top teams, funded by national lotteries and government grants, are reluctant to share the hard-earned technical knowledge that grants them their edge. Without a move toward transparency, the class risks being ‘hugged to death’ by its own elite, potentially leading to its removal from the Olympic roster. The psychology of the underdog in the AC38 sprint Success in the 38th America’s Cup will likely hinge on refinement rather than radical invention. Glenn Ashby notes that as boat classes evolve into their third version, the performance gaps between designs narrow. This shifts the focus back to the sailors. In Naples, where conditions can vary from flat and shifty to bumpy and unpredictable, the ability of a crew to execute under pressure will be the deciding factor. The Team Australia Challenge aims to replicate the ‘lone wolf’ mentality that Emirates Team New Zealand used to achieve the impossible in 2017. For Ashby, success isn't just about the trophy. It is about establishing a foundation for AC39 and beyond. He has assembled a ‘who’s who’ of Australian sailing, including Grant Simmer as CEO and Tom Slingsby as head of sailing. By blending the wisdom of veterans who saw the 132-year drought broken in 1983 with the raw talent of the youth fleet, Australia is attempting to build a legacy piece that transcends a single regatta. The sprint to the start line in Naples will be a test of culture, trust, and the relentless pursuit of improvement.