New York Yacht Club withdraws from America’s Cup

The New York Yacht Club (NYYC) has decided not to challenge for the 37th America’s Cup. The original home of the America’s Cup, the NYCC has written to its members to confirm it will not challenge in 2024.

The NYCC had backed American Magic in Auckland for the 36th America’s Cup with its boat Patriot capsizing and almost sinking during the Challenger series in January 2021. The club’s agreement to back American Magic expired after the regatta, a move that surprised many.

On July 24 2021, the New York Yacht Club announced that Stars+Stripes would be its representative in the 37th America’s Cup.

In a statement the club said: ‘To bring together the best American sailing talent, the Stars+Stripes team founded by members Mike Buckley and Taylor Canfield, the reigning Match Racing World Champions, will join the New York Yacht Club’s campaign for the 37th America’s Cup.”

But only four months on, the New York Yacht Club has decided not to enter AC37.

According to Sail World, the announcement to withdraw has come as a complete surprise to Stars+Stripes. No statement has been released by the NYYC.

Last month the decision on the hosting venue for the AC37 was delayed to allow more time to select the right venue.