Part of complete coverage on
America's Cup: Australians to challenge Team USA
September 30, 2013 -- Updated 2214 GMT (0614 HKT)
Wine tycoon and sailor Bob Oatley plans to put an Australian team together to challenge for the America's Cup.
- Australian wine mogul Bob Oatley has announced plans to enter a team in the America's Cup
- The vintner filed his challenge to the Golden Gate Yacht Club
- Oracle Team USA are the defending champions of the elite sailing trophy
- The Americans fought back to defeat Emirates New Zealand
(CNN) -- Australian tycoon Bob Oatley is turning from wine to water as he announced his intention to build a team to challenge defending America's Cup champions Oracle Team USA.
The renowned vintner filed his intention to challenge for the 35th edition of sailing's blue ribbon event Monday.
Oatley -- a man who is described as "as famous for his wine as he is for sailing" -- lodged his intent with San Francisco Golden Gate Yacht Club.
The club is classed as the "defender and trustee" of the trophy after its team, owned by American billionaire Larry Ellison, won the 34th America's Cup last Wednesday.
Oracle Team USA staged a magnificent comeback from 8-1 down to sail to a 9-8 win over Emirates New Zealand to claim the oldest trophy in sport.
The American boat was packed with an international crew and skippered by Australian Jimmy Spithill.
A Comeback for the Ages
The sailors who race the America's Cup
Oatley said seeing what the sailors from the southern hemisphere achieved on the waters of San Francisco Bay persuaded him it was the right time to enter an Australian team to challenge Team USA.
"Given Australia's previous success in the America's Cup, the Admiral's Cup and Olympic yachting, and as proud Australians, we think it is time for our nation to be back in our sport's pinnacle event," Oatley said.
"The recently completed America's Cup in San Francisco has revolutionized the sport for sailors and fans, and we were excited to see how many Australians played key roles on the teams and in the regatta organization."
Oatley lodged his entry through the Hamilton Island Yacht Club.
The entrepreneur owns the island off the east coast of Australia and has taken to the waters with great success, seeing his crews win the Admiral's Cup and consecutive Sydney to Hobart yacht races.
Details on the dates and venue for the next edition of the America's Cup are due to be published in the first few months of 2014.
Part of complete coverage on
December 12, 2013 -- Updated 1354 GMT (2154 HKT)
When you've spent 100 days alone on the high seas, battling sleep deprivation and monster waves, it can be difficult to adjust to life on land.
December 10, 2013 -- Updated 1334 GMT (2134 HKT)
From giant yachts in raging oceans to youth regattas, check out the 20 images in contention to win a top photography award.
December 5, 2013 -- Updated 2113 GMT (0513 HKT)
When Enric Sala dips his toes in a pool of water, he does so in the knowledge he may well be the first man on the planet to do so.
November 28, 2013 -- Updated 1118 GMT (1918 HKT)
Alex Caizergues smashes the World Sailing Speed Kitesurfing record over 500 meters, reaching an average speed of 56.62 knots (104.8 kph).
November 22, 2013 -- Updated 1348 GMT (2148 HKT)
Venice is one of the most beautiful cities in the world -- and it wants to stay that way, so it is cracking down on cruise ships.
September 17, 2013 -- Updated 1058 GMT (1858 HKT)
MainSail takes a sneak peak inside the Wally workshop in Monaco, which has built some of the world's most expensive boats.
August 23, 2013 -- Updated 1704 GMT (0104 HKT)
At just 22 meters long, the new America's Cup yacht is 3m shorter than its predecessor. But that hasn't stopped it making big waves.
August 14, 2013 -- Updated 1657 GMT (0057 HKT)
For more than 160 years, the America's Cup has been at the forefront of yacht design. CNN looks at how the seafaring vessels evolved over the race's history.
September 2, 2013 -- Updated 1048 GMT (1848 HKT)
You know a club is exclusive when they won't even let the Queen in. For the first time in 200 years, women can join the Royal Yacht Squadron.
August 7, 2013 -- Updated 1701 GMT (0101 HKT)
This remarkable photograph of two men sharing a drink 30 meters below the water is part of an art project exploring the mysterious world of freediving.
July 26, 2013 -- Updated 1030 GMT (1830 HKT)
What do you do when there's no room to build your dream five-star hotel? Answer: Create a $200m yacht hotel.
July 18, 2013 -- Updated 1040 GMT (1840 HKT)
With the launch of the gleaming new Azzam, Russian billionaire Roman Abramovich can no longer lay claim to being the owner of the world's largest superyacht.
July 15, 2013 -- Updated 1223 GMT (2023 HKT)
MainSail takes a look at the life, legacy and achievements of the extraordinary British sailing Olympian Andrew "Bart" Simpson.
July 16, 2013 -- Updated 1424 GMT (2224 HKT)
He's fired darts at a gray whale, sped through St Petersburg in an F1 car, and taken a supersonic flight in a bomber jet.
July 10, 2013 -- Updated 1218 GMT (2018 HKT)
Jacques Cousteau's grandson, Fabien, plans to live in an underwater lab for 31 days to explore the deep-sea.
Today's five most popular stories