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2 Feb 2026 6:39
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      Home > News > Sports > Sailing

    Building a brains and investment trust of winners has been at the heart of American Magic boss Terry Hutchinson's plans to return the Auld Mug to its original home, the New York Yacht Club

    Building a brains and investment trust of winners has been at the heart of American Magic boss Terry Hutchinson's plans to return the Auld Mug to its original home, the New York Yacht Club


    The syndicate's second-generation AC75 America's Cup boat is on its way to Auckland via chartered cargo plane from Rhode Island for use in the Prada Cup challenger series.

    One of their investors is Roger Penske, of motor racing fame.

    Hutchinson says his input's been invaluable.

    © 2026 Newstalk ZB, NZCity

     Other Sailing News
     17 Jan: The Italian city of Cagliari will host the first preliminary regatta ahead of the next America's Cup
     16 Jan: There's a Team New Zealand America's Cup vibe to the Swedish SailGP team debuting at the season-opener in Perth this weekend
     16 Jan: Swedish SailGP driver Nathan Outteridge is poised to blow out the cobwebs out as his new syndicate debuts at the season-opening event in Perth
     30 Dec: The glory of crossing the line first in the Sydney to Hobart yacht race might have been celebrated in the bars beyond Constitution Dock, but the contest for the Tattersall Cup to crown the overall handicap winner remains on the water
     28 Dec: The leading contenders have now reached the coast of Tasmania in another dramatic Sydney to Hobart yacht race
     27 Dec: In the Sydney to Hobart yacht race, Comanche remains around four miles ahead of LawConnect in the lead, with 340 miles to go
     27 Dec: The Sydney to Hobart fleet has lost its first 100-foot supermaxi, with Wild Thing 100 retiring from the 80th running of the race on the first night of sailing
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