AC news

The Golden Gate Yacht Club has counter challenged the Spanish Challenge of Record, claiming the Club Nautico Espanol de Vela’s challenge to Alinghi is illegal. French luxury goods giant Louis Vuitton is ending its sponsorship of the America's Cup, citing concerns that the sailing event has become too commercial. America's Cup Management chief operating officer called these claims an "exaggeration." Rumor has it that Rolex is interested in taking the place of Louis Vuitton.