Team ORIGIN Will Be Back for AC 34.

TEAMORIGIN, the UK challenger for the America’s Cup backed by Sir Keith Mills, plans to resume normal operations again and compete in a multi-challenger 34 th America’s Cup event. In a statement released by the team Sir Keith Mills commented:

“I have invested considerable time, money and effort to bring together an outstanding America’s Cup team. We are all disappointed that we cannot compete in the 33 rd America’s Cup and most of the challenging teams have now had to reduce levels of operations until certainty resumes. That said, I am absolutely committed to competing in, and winning, the America’s Cup, and look forward to moving forward again when the timetable for the 34 th Cup is announced.”

Mike Sanderson, Team Director, added

” We have been preparing, planning and training for over two years now for an event that continues to elude us. It has been a frustrating time but we must use this delay smartly, sensibly and economically. In a nutshell, there is no event for us to enter right now so it makes absolute sense, especially in today’s economic climate, to conserve our resources and wait until normality resumes.”

Ben Ainslie, Skipper and Helmsman showed over the weekend that he has what it takes to compete in a monohull match-racing format winning Match Race Germany on the World Match Racing Tour. He gave his views on this latest status,

” The decision to race a Deed of Gift Match between Alinghi and BMW Oracle for the 33 rd America’s Cup is disappointing for me and the rest of TEAMORIGIN. However, we shall use the time wisely and continue to hone our skills on the World Match Racing circuit. The team we have pulled together has enormous potential and as soon as details are confirmed for a multi-challenger 34 th America’s Cup, we will drive forward again with the same ambition – to win the America’s Cup for Great Britain.”

Part of Sir Keith’s investment in TEAMORIGIN is an Extreme 40 catamaran. While the boat is not competing in the iShares Cup in 2009, it will take part in the JP Morgan Round the Island Race in June.

The TEAMORIGIN Extreme 40ime will be skippered by Ben Ainslie with Team Director Mike Sanderson as tactician, George Skuodas in pit and Matt Cornwell in bow position. Ben will also be representing JP Morgan Asset Management as the title sponsor of this race and also his personal sponsor for his Olympic campaign and they will be accompanied by a media and sponsor guest for the race journey.