The New York YC's American Magic was 0-2 with its America's Cup challenges, and given its early eliminations from AC36 and AC37, the money burn rate was high and the return on investment low. It's all ...

U.S. sailors will compete in the 38th America's Cup sailing on American Magic vessels backed by American Magic engineering and support. However, the U.S. racing team will no longer bear the American ...

American Magic will not participate in the next America's Cup, but the team said it remained committed to Pensacola. The team announced in a press release on Oct. 28 that it would not participate in ...

American Magic will build a 140-foot composite sail wing for a company making a Naval drone designed to hunt submarines as it competes for a piece of a U.S. Navy contract. Saildrone, a ...

American Magic announced in late October that it would not compete in the 38th edition of the America’s Cup in Naples, Italy. According to a team statement, the decision to end a bid for a third Cup ...

American Magic sailors wave to supporters in Barcelona before its elimination from the Louis Vuitton Cup. Their focus now shifts to domestic priorities. Ricardo Pinto/AC37 The New York YC's American ...