More Florida funding for American Magic

Published on May 16th, 2023

Pensacola is on its way to having a permanent home for America’s Cup challenger New York Yacht Club American Magic after Florida Governor Ron DeSantis signed off on a $3.9 million grant from the Florida Job Growth Grant Fund on May 15, 2023.

That grant will go toward the first phase of the scaled-back $53-million Triumph Gulf Coast project request the city submitted last year, which consisted of seeking funds to build a $15 million Center for Maritime Excellence at the Port of Pensacola.

The announcement comes after Florida’s Triumph Gulf Coast board approved an $8.5 million grant for the project. The plan is to complete the center in time for American Magic’s return from the 37th America’s Cup in Spain at the end of 2024. – Full report

Following the publication of the AC37 Protocol and AC75 Class Rule on November 17, 2021, the AC75 Class Rule and AC Technical Regulations were finalized on March 17, 2022. The entry period opened December 1, 2021 and runs until July 31, 2022, but late entries for the 37th America’s Cup may be accepted until May 31, 2023. The Defender was to announce the Match Venue on September 17, 2021 but postponed the venue reveal, confirming it would be Barcelona on March 30, 2022. The 37th America’s Cup will be held in September/October 2024.

Teams revealed to challenge defender Emirates Team New Zealand (NZL):
INEOS Britannia (GBR)
Alinghi Red Bull Racing (SUI)
Luna Rossa Prada Pirelli Team (ITA)
NYYC American Magic (USA)
K-Challenge Racing (FRA)

Preliminary Regattas
September 14-17, 2023 (AC40) – Vilanova i la Geltrú, Spain
November 30-December 3 (AC40) – Jeddah, Saudi Arabia
August 2024 (AC75) – Barcelona, Spain

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