The Protocol for the 33rd America’s Cup was revealed on Thursday afternoon, detailing the broad outlines of the next event. Among the highlights was the introduction of a new class of boat, to be 90 feet in length overall, sailed by a crew of around 20 sailors. The final design rule for the new class will be issued on or before 31 December 2007. The 33rd America's Cup will take place no earlier than 2009 and no later than 2011. It will consist of pre-regattas (potentially to be used as qualifying for the main event), along with the 'main event', comprising Trials, Challenger Selection, and the America's Cup Match. This schedule will be confirmed on or before 31 December 2007. In the pre- regattas, teams will compete in the existing America’s Cup Class boats. There will be at least 18 months between the publication of the new Class Rule and the first race in that class.
The Challenger of Record is the Club Náutico Español de Vela which has agreed on the Protocol for the 33rd America’s Cup with the Defending Yacht Club, the Société Nautique de Genève (SNG).
The venue for the 33rd America’s Cup has not been announced. But it was acknowledged that there is an existing relationship with Valencia and a host city agreement with the city is being pursued. The selection of Valencia, or an alternative European venue, will be made and announced on or before 31December 2007.