1992 IACC AC yacht, Stars & Stripes USA-11 lost the defender series final, the Citizen Cup, to Bill Koch's America3 USA-23. 1995 Conner's 1995 AC yacht, Stars & Stripes USA-34 won the defender series, the Citizen Cup against Young America USA-36 and Mighty Mary USA-43, by use of tactics. However, it was considered to be the slowest of the three defending yachts, partially due to an old sail inventory, and also a result of neglecting important recommendations from the design team. The defender can choose which boat to use, so Team DC selected Young America, considered the fastest defender, instead of Stars & Stripes in the America's Cup final, losing to Team New Zealand. Dennis Conner did not run a two boat campaign due to cost, so there was no second Stars & Stripes. 2000 Conner again ran a one-boat campaign, entering Stars & Stripes USA-55. Eliminated in the semi-final repechage after an unexpected loss against America True. 2003 Conner's $5 million 2002 entrant, Stars & Stripes USA-77, was sunk on July 23, 2002 when a rudder broke during preparations for the 2002–2003 races to select the challenger for the America's Cup. The boat was raised out of of water just outside Long Beach Harbor. Conner's luck that year would not improve, as Alinghi and Oracle BMW Racing, two well financed boats, would contest for the spotlight. Conner had a backup and training vessel available, Stars & Stripes USA-66, which he raced until USA-77 could be repaired. 2007 Conner announced that he could not raise sufficient funds for another Cup challenge. References External links SAIL USA-11/ Stars & Stripes USA-11 TEAM USA-11/ Stars & Stripes USA-11 America's Cup teams 1987 America's Cup 1988 America's Cup 1992 America's Cup 1995 America's Cup 2000 America's Cup San Diego Yacht Club