Red Bull, the energy drinks brand, and US sailing syndicate Alinghi have partnered to create a new team called Alinghi Red Bull Racing that is set to compete in the 37th America’s Cup.

The team, which will be headquartered in Lausanne, Switzerland, and comprise an all-Swiss crew, has today (15 December) been confirmed as an official entry to the prestigious America’s Cup in 2024 – a return to the America’s Cup for Alinghi, with the syndicate having been absent for 11 years.

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The host location for the competition is yet to be confirmed, with the Royal New Zealand Yacht Squadron and Emirates Team New Zealand having announced that the date for a decision was to be pushed back from its original date in September.

To support the new team, Red Bull will offer its Red Bull Advanced Technologies unit, as it has done with its Formula 1 motor racing properties.

It is understood that Alinghi Red Bull Racing will also have teams feature in the Women’s America’s Cup Regatta and the Youth Ameirca’s Cup.

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Ernesto Bertarelli, founder of Alinghi, said: “With Red Bull, we are equal partners in this venture. They will bring their competence, energy and strength in creating performing teams, and we bring our experience in sailing and winning the America’s Cup.”

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Christian Horner, principal of Red Bull Racing, added: “Red Bull Advanced Technologies is a high-technology centre that offers services to a variety of sports and other entities, but particularly to Red Bull Racing.

“We will share our experiences, engineering and so on, and Alinghi Red Bull Racing will contribute to us as well, helping us to understand new worlds in the application of technology.”