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GB1 Secures Richard Mille Sponsorship Ahead of 38th America's Cup

Britain's America's Cup challenger, GB1, has added luxury watchmaker Richard Mille to its sponsor roster. The team, led by Sir Ben Ainslie, will compete in the 38th America's Cup next year in Naples.

  • Richard Mille has joined GB1 as a sponsor, listed as the team's only global partner.
  • GB1, led by Sir Ben Ainslie, will participate in the 38th America's Cup in Naples next year.
  • The US boat, American Magic, has withdrawn from the preliminary regatta in Italy this week, with a replacement US boat expected to compete.

Britain's America's Cup challenger, GB1, has expanded its sponsorship portfolio by adding timekeeper Richard Mille. The agreement was announced overnight, with Richard Mille joining as the team's only global partner.

GB1, led by Sir Ben Ainslie, is set to compete in the 38th America's Cup, which will take place next year in Naples. The team's boats are currently in Italy for a preliminary regatta.

Dylan Fletcher, skipper helm of GB1, expressed excitement about the partnership, stating it was "fantastic to now officially bring these two brands together." Peter Harrison, boss of Richard Mille, added that the agreement "marks a natural extension of our involvement in the world of sailing."

The upcoming America's Cup will be Ainslie's first since a High Court dispute with former backer Sir Jim Ratcliffe regarding rights to the America's Cup boat and its technology. GB1 is backed by Oakley Capital, which is linked to Christian Horner, and also has SunGod among its sponsors.

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