Team Alinghi, winners of the America’s Cup 2003, will host a new event, the UBS Trophy, Newport, Rhode Island from 19-26 June, 2004. UBS will be the title sponsor of the event, with co-sponsors, local sponsors and suppliers announced next spring.

The regatta will give teams an opportunity to compete against each other in the United States prior to America’s Cup Management events scheduled in Europe later next year. The 7-day match racing series will be held on the historic waters off Newport, Rhode Island, the historic home of the America’s Cup. Under the management of Team Alinghi, but with an independent Race Committee appointed by the New York Yacht Club, the racing will start and finish in front of Fort Adams (weather permitting).