Ben Ainslie Racing Team release statement after team meeting

ORACLE TEAM USA hosted a meeting with four of the teams who have entered the 35th America’s Cup or plan to by the 8th August 2014; Luna Rossa, Artemis Racing, Team France and Ben Ainslie Racing.

A positive meeting saw a number of points debated, the key points agreed between all parties present were:

• Regular meetings encompassing all teams in order to work collectively to maximise the potential of both this America’s Cup and future editions.

• Each team plan to host an America’s Cup World Series event in either their own country, or a country of their choice.

• All the teams present agreed that they would commit – if they were to win the Cup in 2017 – to continue with the America’s Cup World Series.

• A commitment to further reduce the costs for both this Cup and future editions.

• Support for the choice of host venue, be it Bermuda or San Diego.

• A working group to agree on the date and event structure of the 36th America’s Cup, to lay the foundations for a sustainable event.

– BAR Media

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