Sailing-Ainslie strikes Oakley Capital deal to fund British America's Cup bid


An undated handout photo shows a vessel of British team Athena Racing sailing during training for the America’s Cup. Athena Sports Group/Handout via REUTERS

LONDON, Dec 23 (Reuters) - British sailor Ben ‌Ainslie has finally secured the backing he needs for his 2027 America's Cup campaign, announcing a deal with ‌Oakley Capital on Tuesday after what he admitted has been a stressful chapter in his mission to "bring the ‌Cup home".

Ainslie's Athena Racing team said a majority ownership investment from the British private equity group would provide "long-term financial stability to compete not only in the next America's Cup but across multiple future cycles".

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