The 34th America 's Cup World Series will take place on faster wingsail catamarans . An annual America 's Cup will begin in 2012 , according to organizers . The venue for the 2013 contest is not due to be announced until the end of the year , with San Francisco , Valencia and a location near Rome believed to be under consideration . A youth competition will also be introduced in 2011 to boost interest among youngsters .
The 34th America 's Cup World Series will take place on faster wingsail catamarans . An annual America 's Cup will begin in 2012 , according to organizers . A youth competition will also be introduced in 2011 to boost interest among youngsters .