Naples, Italy to host 2027 America’s Cup with PM Meloni backing Sport Business Naples in Italy will host the 38th America’s Cup after holders New Zealand were unable to stage the sailing regatta in their own country. The Aotearoa government rejected attempts by Emirates Team New Zealand after the Kiwis won the last event in Barcelona, beating Sir Ben Ainslie and Sir Jim Ratcliffe’s challenger Britannia. “While the [...]
Ineos and Ratcliffe need a sporting win and fast Sport Business “Ineos Britannia announces that it has withdrawn its intention to challenge for the next America’s Cup.” Those were the words issued this week in the latest sporting scaleback by British chemicals billionaire Sir Jim Ratcliffe. The stream of negative news out of Manchester United – including hundreds of job losses, brutal cost-cutting and criticism over [...]
America’s Cup: Government reject New Zealand attempt to host on home soil Sport America’s Cup winners New Zealand will not defend their title at home in Auckland after the nation’s government refused to back plans for the 2027 regatta. New Zealand are double defending champions having won the 36th America’s Cup in 2021 in Auckland before successfully winning a second consecutive title in Barcelona. The Government of Catalonia, [...]
Mercedes team reject fears of Ineos Formula 1 exit February 18, 2025 Formula 1 powerhouse Mercedes have been forced to deny that the team’s ownership could shift amid a wave of sporting cuts by co-owners Ineos. The chemicals giant, part-owned by British billionaire Sir Jim Ratcliffe, holds 33 per cent of shares in the Mercedes AMG Petronas F1 Team, with team principal Toto Wolff and the German [...]
Man United investor Ineos splits with key sport figure January 24, 2025 Ineos, minority investors of Manchester United, split with a key sports figure on Thursday, citing a failure to agree over the future. The Sir Jim Ratcliffe-owned chemicals giant and British Olympic gold medal winner Sir Ben Ainslie have parted ways following Britain’s first appearance in an America’s Cup final in 60 years. The two parties [...]
Ratcliffe, IPL and Littler: The City AM Sport 2024 year in review December 31, 2024 It was the year that was in sport; when iconic athletes retired, major brands made fascinating choices and one pole vaulter was knocked out of the Olympics because of his hefty package. The 12 months that made up 2024 weaved the retirement of cricketer James Anderson with the iconic breakdancer Raygun, it saw a German [...]
Ineos and Ratcliffe wait for more sporting success goes on after America’s Cup loss October 20, 2024 In late August City AM asked whether Ben Ainslie and Ineos Britannia could bring the America’s Cup home for the first time in British sailing history. On Saturday we got our answer. No. Emirates Team New Zealand retained the America’s Cup by 7-2 and became the first team to win the Auld Mug on three [...]
Ineos Britannia closes gap in America’s Cup to 4-2 October 16, 2024 The Ineos Britannia America’s Cup dream is alive after Great Britain won both races on Wednesday to reduce the deficit to 4-2. In the first-to-seven America’s Cup match play, Ineos Britannia – led by Olympic sailing legend Ben Ainslie – went 4-0 down after being blown out of the water in the early stages by [...]
Ainslie can draw on 2013 America’s Cup to inspire Ineos Britannia October 16, 2024 In the early afternoon of 18 September 2013 – 4,046 days ago – Team New Zealand crossed the finish line in San Francisco Bay 15 seconds ahead of Oracle Team USA and took an 8-1 lead in the America’s Cup. The sailing contest has no prize money on the line – it is a rich [...]
New Zealand holds 4-0 lead over Ineos Britannia in America’s Cup October 14, 2024 Great Britain’s chances of winning their first ever America’s Cup slipped further from reality on Monday after Ineos Britannia fell to a 4-0 deficit to holders New Zealand. The British challenger – headed up by British Olympic legend Ben Ainslie and backed by Ineos billionaire Sir Jim Ratcliffe – lost the only race on Monday [...]