Sir Jim Ratcliffe's Ineos Britannia sailing team has withdrawn its intention to challenge for the next America's Cup.

INEOS Britannia has withdrawn its intention to challenge for the next America's Cup after failing to reach a settlement with ...

They said the six-month delay due to Athena Racing had “undermined its ability to prepare” for the next Cup, leading to their discontinuation. Read more at straitstimes.com. Read more at straitstimes.