Ainslie wins £110m backing for 2021 America's Cuppublished at 17:09 British Summer Time 26 April 2018
BBC Sport
Sir Ben Ainslie will have the backing of Britain's largest privately-owned company in an attempt to win the 2021 America's Cup.
Industrial firm Ineos will team up with the four-time Olympic champion and former Truro School pupil in a £110m-bid to win sailing's oldest prize.
Ainslie's team will be called INEOS Team GB.
Quote MessageThis is an amazing boost for British sport. Britain now has its best opportunity to bring the America's Cup back home to Britain."
Sir Ben Ainslie
Great Britain has never won the Cup in the yacht race's 168-year history.
Quote MessageWith the team we have assembled, we believe we can get a fully competitive boat to the start line. After that it’s all down to the fine art of sailing. Ben is arguably the best sailor that Britain has ever produced so we should have a fighting chance of success."
Jim Ratcliffe, INEOS chairman