The second America’s Cup Preliminary Regatta cycle kicks off in Naples today – with just eight months to go until AC38, what can we learn from the AC40 fleet racing?
The second Preliminary Regatta in the 38th America’s Cup cycle kicks off for real today, with three days of fleet racing over Friday 25-Sunday 27 September.
Six teams are racing, with eight AC40s lining up on the same course (Luna Rossa (ITA), Emirates Team New Zealand, and the British GB2 Cobham Ultra squad are all fielding a Women’s and Youth boat as well as a senior team).
Competition takes place from 1400-1600, with a series of fleet races before the top two teams will then go through to a final match race on Sunday (see our How to Watch guide).
It’s the first time we’ve seen racing on the Bay of Naples, the sailing area for next year’s Louis Vuitton America’s Cup, and Women’s and Youth America’s Cups.
It’s also the first time that we’ve seen some of the new team crew combinations, albeit in the four-up one-design AC40s rather than the five-up AC75 configuration. So what clues might this event give us about next summer’s performance?

Both Luna Rossa teams looked exceptionally strong during practice racing ahead of the Naples Preliminary Regatta. Photo: Ricardo Pinto / America’s Cup
1. The Italians are looking good. Very, very good.
2. Should the Kiwis be concerned?

The new 24 Louis Vuitton 38th America’s Cup entry, ARC USA, in practice racing ahead of the Naples Preliminary Regatta. Photo Ian Roman/America’s Cup
3. The Americans are going to be a force to be reckoned with.
4.The Brits are under pressure
It was a concerning start for the British GB1 crew after a collision with an Alinghi chase boat during unofficial practice racing left helmsman Dylan Fletcher with a black eye, and GB1 with a significant gouge in their starboard foil arm.
The Swiss team donated a foil, the British shore crew pulled an all-nighter, and GB1 were back out for official practice racing. However, the Brits are under pressure on multiple fronts – not least the ongoing legal dispute with Sir Jim Ratcliffe and INOES about ownership of the AC75. The British team are also one of a handful of teams whose SailGP team is very close to their America’s Cup squad (Fletcher helms both, while SailGP strategist Hannah Mills skippers GB2), and the SailGP team have got a hard fight on their hands after slipping down to fifth in the season points, out of the top three spots for the grand final.

The GB1 squad: helmsmen Dylan Fletcher and Ben Cornish, with trimmers Bledyyn Mon and Andrea Tesei. Photo: Lloyd Images/GB1
Team boss Sir Ben Ainslie famously performed at his best when riled up with his back against the wall, so it will be interesting to see if that team culture continues into the current sailing squad. Certainly yesterday they showed some good speed and confidence, though there were also a few punishing mistakes.
5. French and Swiss have got some work to do
The French La Roche-Posay Racing Team looked like a potential force to be reckoned with in the first Preliminary Regatta in Cagliari in May, but both they and the Tudor Team Alinghi boat were in the pack for much of yesterday’s practice racing. However, the French got a great start in the final race yesterday, and no doubt both camps will be looking to make progression over the weekend.

Louis Vuitton 38th America’s Cup Preliminary Regatta Naples. Photo: Ian Roman/America’s Cup
6. Australia not yet out to play
This is the last opportunity to race before the Challengers’ events next year, and Team Australia are not yet on the water. With eight months to go, they will have a huge amount to do – albeit the crew are tight knit and well practiced at sailing together.