European challengers support America's Cup

Australia may have withdrawn from challenging for the America's Cup but four European syndicates have announced their support for the sailing event.

Four European teams intending to challenge for the America's Cup have released a statement supporting the sailing event following the withdrawal of an Australian syndicate that was serving as Challenger of Record.

Friday's statement was released by Ben Ainslie Racing of Britain, Artemis Racing of Sweden, Luna Rossa Challenge of Italy and Team France.

Conspicuous by its absence was Team New Zealand, which has said it intends to enter the next America's Cup.

Ainslie tells The Associated Press the statement was a chance for challengers "to say, look, we still really support and believe in this event and are excited about the future."

Australia's Hamilton Island Yacht Club withdrew as Challenger of Record last week, citing the cost of the next America's Cup.


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