US EditionRatcliffe’s Ineos withdraws from America’s Cup yacht race
- INEOS Britannia announced their withdrawal from the next America's Cup challenge on April 9 at 10:35 PDT.
- A protracted negotiation with Athena Racing Ltd, following the 37th America's Cup, caused the withdrawal.
- The team believed a six-month delay undermined their preparation, despite quickly agreeing to key terms.
- Sir Jim Ratcliffe said, "The opportunity has slipped away" after difficult decisions despite past success.
- INEOS's withdrawal implies a setback after their loss of 7-2 and soured relationship with Ben Ainslie.
21 Articles
21 Articles
The Daily News
3-time America's Cup-winner Peter Burling to leave Team New Zealand
WELLINGTON, New Zealand (AP) — Helmsman Peter Burling is leaving Team New Zealand after nearly a decade in which he steered New Zealand boats to three consecutive wins in sailing’s America’s Cup.
Sailing-INEOS withdraws from America's Cup challenge
INEOS Britannia has withdrawn its intention to challenge for the next America's Cup after failing to reach a settlement with former skipper Ben Ainslie's team Athena Racing, the team backed by INEOS chief Jim Ratcliffe said on Wednesday.INEOS said in January that Ainslie parted ways with Britain's America's C
INEOS Britannia Withdraws from the America’s Cup
INEOS Britannia base – Barcelona. Credit: America’s Cup Since the 37th America’s Cup in Barcelona, where we saw our British sailors giving it their all in both the men’s and women’s events, much has changed. Earlier this year the news broke that Ben Ainslie would be parting ways with Sir Jim Ratcliffe and INEOS. Left “astounded” by the split, Ainslie threatened to launch a “significant” legal fight, whilst INEOS appointed Dave Endean as CEO. And…
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