(Reuters) - Ben Ainslie's quest to claim a maiden America's Cup triumph for Britain received a financial boost on Tuesday with the government announcing a 7.5 million pounds fund for a permanent team base in Portsmouth.
Four-time Olympic gold medallist Ainslie will lead an 80 million pound British challenge for the 35th America's Cup in 2017, aiming to return sport's oldest trophy to his country for the first time since the competition began in 1851.
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