Please select your home edition
Edition
Craftinsure 2023 LEADERBOARD

America's Cup: New York Yacht Club issues statement on Cup "pause"

by Stuart Streuli, New York YC 19 Oct 2021 22:20 BST 20 October 2021
New York Yacht Club is represented in the 2021 America's Cup by its team American Magic © Dan Nerney

The New York Yacht Club have issued a statement covering their decision not to continue with their participation in the 37th America's Cup, despite having issued a Challenge, a draft Protocol, and severed their relationship with two American challenging teams.

The statement says:

Yesterday, in a letter to the Trustees of the New York Yacht Club, the Flag Officers of the Club announced the Club was pausing its pursuit of the America's Cup.

Quotes from New York Yacht Club Commodore Christopher J. Culver

"There are few private clubs that enjoy a stronger bond with a single competition than the New York Yacht Club does with the America's Cup, which we founded and held for 132 years. However, we ultimately have a responsibility to act in the best interests of our membership. Given the continued uncertainty regarding the 37th America's Cup, we have decided to pause our challenge for this edition."

"For more than six months, the New York Yacht Club along with other potential challengers have waited for clarity regarding the venue, timing and rules for the 37th America's Cup. Time is never on the side of new teams in this great contest, but at some point, we must recognize when there simply isn't enough of it left to build a competitive challenge."

"We will continue to advocate for what we believe to be essential changes to the structure of the America's Cup. This evolution will retain the competition's unmatched history and appeal while enabling it to compete on today's increasingly competitive modern sports landscape. Our passion for this competition remains as strong as ever."

"Stars+Stripes USA, led by members Mike Buckley and Taylor Canfield, will carry forward with their plans to challenge for the 37th America's Cup. We wish them the best of luck. They represent the future of American yachting."

Sail-World notes:

The timeline of America's Cup Venues, Class and Protocol announcements, and time lapsed, for AC35, 36 and 37:

  • September 25, 2013 - GGYC successfully defends America's Cup in San Francisco

  • June 4, 2014 - GGYC release Protocol for AC35 (8 months)

  • June 6, 2014 - GGYC release AC60 class rule (8 months)

  • June 9, 2014 - GGYC opens entries for AC35 (8 months)

  • December 12, 2014 - GGYC announces Bermuda as venue for AC35 (15 months)

  • March 31, 2015 - GGYC permits Class Rule to be changed to AC50 (18 months)

  • June 26, 2017 - RNZYS wins America's Cup in Bermuda

  • September 29, 2017 - RNZYS/CVS releases Protocol (3 months)

  • March 26, 2018 - Host Venue Agreement signed for Auckland (9 months)

  • March 29, 2018 - RNZYS/CVS releases AC75 Class Rule (6 months)

  • March 17, 2021 - RNZYS defends the America's Cup

  • March 19, 2021 - Challenger of Record confirmed, AC75 class use confirmed, nationality rule key points (2 days)

  • September 17, 2021 - Projected date of venue announcement - not achieved (6 months)

  • November 17 - 2021 - Projected date of Protocol for AC37 announcement (8 months)

Related Articles

America's Cup: Part 1 - Big Bad Dennis returns
Set in the year 3156, this story on the 414th America's Cup takes us far into the future Set in the year 3156, no physical boats exist. Far too costly and disruptive to the delicate environments involved, the event is conducted entirely through simulation—broadcast from multiple orbital stations, home of all industrial and economic activities Posted on 8 May
America's Cup: Burling leaves Team NZ
Emirates Team New Zealand and Peter Burling have today confirmed that they have agreed to part ways Emirates Team New Zealand and Peter Burling have today confirmed that they have agreed to part ways ahead of the 38th America's Cup. Posted on 11 Apr
America's Cup NZ Govt declines to fund Auckland
Emirates Team NZ have confirmed that NZ Government has refused funding for the 38th America's Cup. Emirates Team New Zealand has confirmed that MBIE and Central Government have decided not to back the 38th America's Cup hosting in Auckland. Naples and Athens tipped as venues by European media. Posted on 31 Mar
Auckland in venue bid for 38th America's Cup
Events arm of Auckland Council, has confirmed that they are part of a group bidding to hold AC38 Nick Hill, Tataki Auckland Unlimited Chief Executive, the Events arm of Auckland Council, has confirmed that they are part of a group bidding to hold the America's Cup in Auckland. Posted on 5 Mar
€1billion payday for Barcelona from AC37
Study says Barcelona reaps hefty economic return from 2024 America's Cup The University of Barcelona and the Barcelona Capital Nàutica Foundation (FBCN) have released the outcome of their post event economic impact study which reveals over €1 billion positive economic GDP return from AC37 for the host venue Barcelona. Posted on 4 Mar
Cup Spy: Top coach looks at the rise of the Brits
Challenger Finals for the Louis Vuitton Cup - why the Brits were formidable In this interview we cover the Challenger Finals for the Louis Vuitton Cup - why they panned out the way they did, and why INEOS Britannia was so formidable. Posted on 20 Feb
America's Cup: INEOS being sued
New Zealand Rugby owner of the All Blacks brand says it is suing INEOS Following the much publicised split in the INEOS Britannia America's Cup team, NZ Rugby has revealed that it is taking legal action against INEOS [Group], for alleged breach of a $USD36million ($NZD63m) sponsorship deal. Posted on 11 Feb
Cup Spy: Fans get their patience tested
Fans got well used to the sight of AC75s falling off their foils - the Cup is off its foils now. America's Cup fans got well used to the sight of AC75s falling off their foils in the lighter moments of Barcelona. They were cringe-worthy moments. The Cup is well and truly off its foils now. Posted on 8 Feb
America's Cup: War of the Roses - a brief truce?
The embattled Houses of Ratcliffe and Ainslie are expected to stage a brief truce, this weekend The embattled Houses of Ratcliffe and Ainslie are expected to stage a brief truce, this weekend, for the first meeting of the teams involved in the 2027 America's Cup. Posted on 31 Jan
America's Cup: CEO ousting starts War of the Roses
A previously strong British America's Cup effort has nosedived after an acrimonious split A split between the skipper and backer of the 2024 British America's Cup team has significant implications for the Cup as two Knights of the Realm line up with legal lances ready for a bloody joust. Posted on 23 Jan