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America's Cup: Dalton looks to the future, and expansion of 38th Cup. Venue set to move?

by Emirates Team New Zealand 22 Oct 2024 22:03 BST
Louis Vuitton 37th America's Cup, Prize giving ceremony with Pietro Beccari, Chairman and CEO, Louis Vuitton; and Bernard Arnault, Chairman and CEO, LVBarcelona (ESP), Louis Vuitton 37th America's Cup, Final Match, Race Day 6 - October 19, 2024 © Gilles Martin-Raget / www.martin-raget.com

America's Cup and America's Cup Events CEO, Grant Dalton has outlined some of the achievements/milestone emanating from the 2024 America's Cup in Barcelona, and indicated the future direction of the event under the Defender's continued stewardship.

Emirates Team New Zealand have completed one of the most successful America’s Cup campaigns in history. For the Defender, Emirates Team New Zealand having won the America’s Cup three times in a row, it now presents an unprecedented opportunity for the continued growth of the America’s Cup from the strongest foundation of success in recent history.

Three days after winning the America’s Cup, Emirates Team New Zealand CEO Grant Dalton provided insight into the early stages of a vision of continued growth, given early media speculation about future venue opportunities.

“The Louis Vuitton 37th America’s Cup has confirmed the America’s Cup as one of the unique properties in international sport, so it is our objective to build on the success of AC37 and continue the growth we have been seeing since we first won the America’s Cup in 2017. We are looking to increase audience and engagement across different regions, territories and demographics.” said Dalton.

AC40 and E-Sailing to expand.

Through the hosting of the event in Barcelona, the America’s Cup has seen significant growth across many fronts via the success of the Puig Women’s America’s Cup, the Unicredit Youth America’s Cup as well as the AC Sailing E-Sport World Championship and taking huge strides in the innovation and development of sustainable marine power with the hydrogen powered foiling chase boats.

“As a result of these successes we know we have a number of valuable properties that we wish to continue building. We are keeping an open mind on how best to achieve this with a venue, or different venues, that can super charge the 38th America’s Cup with increased global footprint, more teams and increased overall expansion opportunities. It would be difficult to expand the number of teams based on the available infrastructure space in Barcelona.”

“Furthermore, from initial discussions with teams, there is a collective desire to see continued commercial growth of the America’s Cup, in line with what is seen in other leading global sports,” Dalton explained.

Attendance and TV audiences up

The Louis Vuitton 37th America’s Cup event attracted 2.56 million attendees between 22 August and 19 October 2024, over the 59 days of the event. Attendees and people enjoying the event ranged from the local community, national and international visitors coming into Barcelona from within Spain and around the world. The attendees were counted on a daily basis by the Host Partners Group with ACE Barcelona SL and the Host Partners across the America’s Cup venues: Race Village and Fanzones, Team bases, Hospitality, as well as 243 superyachts, on water guests and on water race viewing experiences.

“These numbers are well aligned with those that were projected and estimated before the event and from initial indications we know we are well on track to reaching our growth targets of a 50% increase on total broadcast and media audience from the 36th America’s Cup.” explained Dalton.

After such a success in Barcelona in 2024, the future looks bright.

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