I'd heard plenty of rumours but finally there was an interesting announcement today:
Sir Keith Mills, the British businessman who ran London’s victorious bid to host the 2012 Olympic Games and Paralympic Games, has announced he is to create a new British America’s Cup sailing team.
The team, to be named ORIGIN, will comprise some of the world’s leading sailors and boat designers from the UK and beyond with the aim of winning the America’s Cup and bringing the world’s longest running sporting event back to British shores for the first time since its inception over 150 years ago. Mills revealed that ORIGIN will participate in at least two America’s Cup campaigns, likely to take place in 2009 and 2011 respectively. ORIGIN’s crew members, boat designers and management teams will be recruited over the next six months, and will be announced following the completion of the current 32nd America’s Cup event taking place in Valencia from 23rd June to 7th July 2007.
There are not many details released about this yet, but it should be quite interesting to follow.