New York Yacht Club American Magic (“American Magic”), the U.S. sailing team challenging for the 36th America’s Cup, has announced plans to open a dedicated construction facility and build a pair of state-of-the-art racing boats in Bristol, R.I. The return of America’s Cup design, building and sailing activity to Rhode Island shores is expected to strengthen the local marine industry, attract additional design and engineering talent to the state, and continue a storied boatbuilding legacy in Bristol.

“There is no better place to build world-class racing boats than in Rhode Island, with its unmatched marine industry, skilled workforce, and rich America’s Cup heritage,” said Hap Fauth (Naples, Fla.), Team Principal and CEO of American Magic.

To date, Fauth has built two highly successful racing yachts in the state at New England Boatworks (NEB) in Portsmouth. A third boat, which shares the name BELLA MENTE with its predecessors, is currently under construction at that company. “Rhode Island has long been a global center of composite technology innovation, and our new America’s Cup team is pleased to add to an amazing legacy that began well over a century ago,” said Fauth.

The America’s Cup competition, the oldest event in international sports, will be held in March 2021 in Auckland, New Zealand. The U.S. team will build two AC75 class boats, a new design for the 2021 event. The AC75 is a 75-foot mono-hulled boat that utilizes advanced hydrofoils to sail largely above the water. Under the rules of the event, each team will be allowed to construct two AC75s prior to the America’s Cup. The competing boats will race with a crew of 11 sailors each.

“American Magic’s decision to choose Bristol for their new boatbuilding facility is a real vote of confidence in the Rhode Island marine industry as a whole,” said Andy Tyska (Bristol, R.I.), a board member of the Rhode Island Marine Trade Association (RIMTA) and a member of the Bristol Town Council. “We expect that the team’s multiyear building project will have a positive economic impact on our area, and help expose Rhode Island’s world-class composite and marine technology capabilities to audiences around the world.”

New York Yacht Club American Magic, led by Fauth, Team Principal Doug DeVos (Grand Rapids, Mich.), Team Principal Roger Penske (Bloomfield Hills, Mich.) and Executive Director and Skipper Terry Hutchinson (Annapolis, Md.), seeks to win the America’s Cup from the current holders, Royal New Zealand Yacht Squadron and their defending team, Emirates Team New Zealand. Teams from Italy and Great Britain have also been formally announced as Challengers for the Cup. The New York Yacht Club held the America’s Cup for over 132 years from 1851-1983, in what is often said to be the longest winning streak in sports history.