Ineos announces split with Ben Ainslie as it confirms America’s Cup entry - The partnership had seen Ineos become the first British team to enter the competition in 60 years

Four-time Olympic champion Sir Ben Ainslie splits from Sir Jim Ratcliffe's Ineos Britannia America's Cup sailing team.

Sir Ben Ainslie has confirmed his intention to continue on with a challenge in the 38th America’s Cup, but says he was ‘astounded’ by the announcement that Ineos would not be backing it. The new challenge would see Ratcliffe’s team maintain their relationship with the Mercedes Formula One team.

Ben Ainslie has parted ways with Britain's America's Cup team after his third attempt to skipper his country to the trophy ended in failure in October, Ineos Britannia said on Thursday.

Ainslie’s crew had been the first British team to enter the America’s Cup in 60 years, but were beaten by Emirates Team New Zealand

Four-time Olympic champion Ben Ainslie splits from Sir Jim Ratcliffe's Ineos Britannia America's Cup sailing team.