Big news from the British America’s Cup team Athena Racing, which announced today that legendary sailor and team boss Ian Walker MBE has been appointed Chief Executive Officer.

Walker joins Sir Ben Ainslie’s Athena Racing as CEO (Chief Executive Officer) of its America’s Cup Challenge, reuniting two of Britain’s most successful competitive sailors.

It also sends a strong signal that the Brits – who have not revealed any major backers since splitting from INEOS in January 2025 – are gearing up for a full-power challenge for the 38th America’s Cup.

Since entries closed for the 38th America’s Cup, to be held in 2027 in Naples, there have been no announcements of confirmed entries, only the news that American Magic will not take part.

Athena Racing, representing the Royal Yacht Squadron, remains the Challenger of Record.

Ainslie at the helm of INEOS Britannia in AC37 (no word yet on what the Team Principal’s full role will be, nor on backers for the British Challenge).

Athena Racing’s new CEO

Ainslie welcomed his new CEO today, saying: “Ian is an exceptional leader with a proven track record of success with high-performance campaigns across the very top of our sport, there are very few people as qualified, both on and off the water.

“He also understands the complexity of running teams that need to be at the forefront of innovation and performance while meeting both budget and timeline demands. For AC38, that timeline is tight, and we needed a CEO who could hit the ground running and Ian can do that, he understands how to drive teams forward and the importance of continuity in achieving the ultimate goal.”

Ian Walker also spoke about his enthusiasm for returning to the America’s Cup arena: “The Cup has evolved enormously since I was last involved in terms of the boats, the technology, and even the balance between sailors and designers.

“But at its core, it remains unchanged, it’s about managing your resources, getting the best out of your people, and making every second count, in a race against time, and the clock is ticking.”

The 2000 Team GBR sailing team, including Ian Walker (left), Ben Ainslie (3rd from left) at the Olympic Games in Sydney Harbour. Photo: AFP/Torsten BLACKWOOD via Getty Images

British talent reunited

Walker and Ainslie were both part of the hugely successful British Olympic sailing team, and competed at the Atlanta 1996 and Sydney 2000 Olympic Games (Ainslie famously took silver at Atlanta, then Gold at Sydney, while Walker won silver at both – in the 470 with the late John Merricks in 1996, then the Star with Mark Covell four years later).

Since then, while Team Principal Ainslie went on to score four more Olympic golds and compete in multiple America’s Cups, Walker’s career has spanned ocean and inshore racing, America’s Cup campaigns, and high-performance team management roles.

He skippered Britain’s Wight Lightning for Peter Harrison’s GBR Challenge in the 31st America’s Cup in 2003, which Ainslie was also a member of. In 2007 Walker joined the Italian 39+ Cup team with fellow British Olympian Iain Percy.

The British Americas Cup boat GBR Challenge racing in the Solent during the Round the Island Race. Photo: Clive Mason/ALLSPORT

Ian Walker: a winning leader

Ian Walker also achieved major success in offshore racing, skippering three Volvo Ocean Race entries, which culminated in becoming the first British skipper to win in 2015 with Abu Dhabi Ocean Racing, having come back from a dismasting in the previous edition.

His coaching and performance roles have included coaching Shirley Robertson to her second gold in 2004, and serving as Performance Director for the British Sailing Team. He oversaw the British team’s last truly dominant Games, with GBR sailors topping the medal table at Tokyo 2020, winning five medals, including three golds after a challenging, covid-disrupted build up.

Since Tokyo, Ian Walker has been at North Sails, leading the UK sailmaking team for the past three years.

Ian Walker, skipper of the Abu Dhabi Ocean Racing team, celebrates during the winners ceremony in Gothenburg at the end of the Volvo Ocean Race. Photo: Jonathan Nackstrand/AFP via Getty Images

Unusually, Walker brings experience at a high level in both commercial and performance spheres, combined with personal sailing achievement and experience.

“It’s an exciting moment to return to the America’s Cup with a British challenge that has the continuity of the last three campaigns, alongside the recent creation of the America’s Cup Partnership (ACP),” Walker explained.

“That was a big part of my decision to take this on, because I believe in what the ACP is trying to achieve – creating a sustainable, viable commercial business model for the competition. I’ve also worked with several members of the team previously, which gives me real confidence in what we’re building together.”

“The America’s Cup transcends the sport of sailing and has so much untapped potential, Walker concluded. “I am excited about what lies ahead, just imagine how cool it would be for the team to win it for Britain.”

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