INEOS rejects Sir Ainslie’s proposal to keep Britannia for the 38th America’s Cup

INEOS rejected a proposal from Sir Ben Ainslie that would have allowed Athena Racing to keep the AC75 Britannia for the 38th America’s Cup in Naples, according to an amended defence filed in the Admiralty Court on 18 August. The development is the latest in the British America's Cup camp split saga, as the former investor and the AC38 challenger fight for ownership of racing yacht Britannia.