Alinghi Red Bull Racing's Concerns Over Governance of the 38th America’s Cup
In a statement released on May 29, 2025, Alinghi Red Bull Racing expressed its reservations regarding the governance and administration of the upcoming 38th America’s Cup. The team initially withdrew in April due to concerns about how Team New Zealand, as the Defender, was managing the prestigious sailing event. Despite welcoming Naples as the host city for the 2027 competition, Alinghi criticized Team New Zealand for celebrating the announcement without consulting Athena Racing, the Challenger of Record. Furthermore, Alinghi highlighted issues related to transparency and rights over commercial deals involving the Louis Vuitton Cup series. As a former winner and Trustee of the America’s Cup, Alinghi emphasized the importance of collective interest, trust, and equitable frameworks for all participants.
Alinghi Red Bull Racing has voiced significant concerns about the organizational practices surrounding the 38th America’s Cup. In their official statement, they detailed that the decision to step back from the competition earlier this year stemmed from perceived shortcomings in the management by Team New Zealand. Specifically, the team pointed out that Team New Zealand celebrated the selection of Naples as the host city without adequately engaging with Athena Racing, whose input on logistical and financial aspects is crucial. This action raises questions about whether Team New Zealand acted within their rightful authority when entering into agreements concerning the Louis Vuitton Cup races.
The controversy deepens with accusations of opacity surrounding the terms of the venue agreement struck by Team New Zealand. Alinghi argued that it is problematic to finalize a venue without clarity on the format of the regatta or input from other teams involved. Such actions undermine the integrity of the competition and challenge the fiduciary responsibilities expected of the Defender. Consequently, Société Nautique de Genève sent correspondence to the Royal New Zealand Yacht Squadron seeking clarification on these matters.
Given its historical role in the America’s Cup, Alinghi feels obligated to advocate for fair governance and equitable treatment of all parties. They stress that the success of the event relies heavily on mutual openness and trust among competitors. Alongside Athena Racing and American Magic, Alinghi hopes for a constructive dialogue leading to an agreed-upon protocol ensuring a balanced sporting environment and sustainable commercial viability.
Looking ahead, Alinghi remains optimistic about rejoining the America’s Cup if a satisfactory framework can be established. Naples, chosen as the backdrop for the 2027 edition, offers an ideal stage for what could become one of the most memorable editions of the world-renowned sailing contest. With the right conditions in place, Alinghi envisions contributing positively to this future chapter of the competition.