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Alinghi Red Bull Racing Pulls Out of AC38

There was more bad news for America’s Cup holders Emirates Team New Zealand over the Easter weekend, as Swiss syndicate Alinghi Red Bull Racing confirmed it will not be mounting a challenge for the 38th America’s Cup.

Image © Ian Roman / America's Cup

Rumours had been swirling for weeks before ARBR staff received internal confirmation via email that the planned second consecutive campaign was off.

In a statement issued to the media, the team cited its inability “to find agreement with the Defender of the America’s Cup for the future of the event” as the reason for its withdrawal.

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