UPDATE FROM AMERICAN MAGIC - 10:00 PM NZDT

Auckland, New Zealand - American Magic’s AC75 racing yacht, PATRIOT, has been stabilized and is in the process of being towed slowly back to shore. We’d like to again express our sincere thanks to our competitors, Luna Rossa Prada Pirelli, INEOS Team UK, and Emirates Team New Zealand, for immediately coming to our assistance. An ETNZ chase boat is currently assisting the team with the tow operation, and our fellow Challengers helped with equipment, personnel, and general support on the water.

We are also grateful to America’s Cup Event Ltd, the race management team, Coastguard New Zealand, the Auckland Harbormaster, local fire and police personnel and all others who have and still are helping us during this difficult moment for our team. More updates to follow.