his tenure as helmsman in the 2007 America's Cup. The Royal New Zealand Yacht Squadron began accepting challenges from further eligible yacht clubs, in addition to the Challenger of Record, on 1 January 2018. Ineos Team UK entered and was led by Ben Ainslie. The New York Yacht Club (NYYC) entered AC36, under the syndicate name American Magic, with a team led by Terry Hutchinson and funded by Doug DeVos, John J. "Hap" Fauth, and Roger Penske. In May 2018 it was announced that Dean Barker would helm the boat. "American Magic" refers to the first Cup winner, the yacht America of 1851, and the first defender, NYYC's yacht Magic, who successfully defended in 1870. The America's Cup trophy was held by the NYYC for 132 years until 1983. The NYYC's reign was the longest winning streak – as measured by years – in the history of all sports. At the close of the late entry notice period, 30 November 2018, eight notices of challenge were submitted to the defender. There was speculation about entries from Australia and China, and second challengers from Italy and the United States. After processing those entries by order of reception, by the end of year 2018 three additional challenges were accepted: Iain Percy and the Royal Malta Yacht Club; a second American challenge from Taylor Canfield and the Long Beach Yacht Club; and a national challenge from the Netherlands issued by Royal Dutch Yacht Club. On 2 April 2019, the New York Yacht Club, through team American Magic, filed for arbitration relating to the acceptance of the three late entry teams. On 15 May 2019, the America's Cup Arbitration Panel released their decision denying American Magic's application and allowed the late entry teams to compete. On 31 May 2019, the Royal Malta Yacht Club announced that they were withdrawing as a challenger. On 1 July 2019, the Koninklijke Nederlandsche Zeil- & Roeivereeniging announced that it was also withdrawing as a challenger, whereas the Long Beach Yacht Club confirmed their ongoing commitment. On 9 December 2020, Stars & Stripes (Long Beach Yacht Club) withdrew from the competition. Starting 29 January 2021, Luna Rossa faced the New York Yacht Club in a best-of-7 semifinal for the challenger's Prada Cup; by 30 January, the Italians had completed a 4–0 sweep to advance to the Prada Cup finals. In the best-of-13 finals, Luna Rosa needed only 8 races,