America’s Cup Partnership Appoints Marzio Perrelli as Inaugural CEO
The America’s Cup Partnership (ACP) has entered a new era of leadership with the appointment of Marzio Perrelli as its first-ever Chief Executive Officer, effective April 7, 2026. This move marks a significant shift in how the world’s oldest and most prestigious international sporting competition is managed, moving away from traditional models toward a more stable, long-term governance structure.
While Perrelli takes the helm as CEO, Grant Dalton, the CEO of Emirates Team New Zealand, will continue his leadership role as the Chairman of the ACP. The transition is designed to enhance the event’s governance and create a consistent framework for teams, host venues, and partners.
A New Era of Governance for the America’s Cup
For the first time in its 174-year history, the America’s Cup is moving away from a “Defender-centric” model. In its place, the America’s Cup Partnership has established a shared governance and commercial structure. This new model ensures equal board representation for five founding teams:
- Emirates Team New Zealand
- Athena Racing
- Luna Rossa
- Tudor Team Alinghi
- K-Challenge
Beyond leadership changes, the ACP is committing the event to a biennial cycle. This change aims to eliminate the inconsistent scheduling that has historically challenged broadcasters and sponsors, providing the stability necessary for sustained investment and global engagement.
Who is Marzio Perrelli?
Marzio Perrelli joins the ACP with an extensive background in financial discipline and sports rights management. His career spans several high-profile roles across the UK, USA, and Italy, including senior leadership positions at Goldman Sachs and HSBC.
In 2018, Perrelli moved into the media and sports sector as the Executive Vice President of Sky Italy. In that role, he oversaw the entire Sky Sports division, managing editorial, production, and the acquisition of sports rights. Perrelli has stated that his primary responsibility is to preserve the deep heritage of the America’s Cup while ensuring the stability and growth required for the sport’s future.
The Role of Grant Dalton
Grant Dalton remains a pivotal figure in the sport, serving as both the Chairman of the ACP and the CEO of Emirates Team New Zealand. Dalton’s sailing career is among the most distinguished in the world; he has raced around the globe seven times and led Team New Zealand to victory at the 35th America’s Cup in Bermuda in 2017.
Dalton has welcomed Perrelli’s appointment, noting that the timing is critical. The ACP is looking forward to the 2027 competition, which is expected to see large participation and the historic introduction of women on board for the first time.
Key Takeaways: The ACP Transition
- New Leadership: Marzio Perrelli is the inaugural CEO; Grant Dalton remains Chairman.
- Governance Shift: Moved from a Defender-led model to equal representation among five founding teams.
- Scheduling: The event will now follow a biennial cycle to benefit sponsors and fans.
- Future Milestones: Focus is on the 2027 competition and the inclusion of female sailors.
Frequently Asked Questions
What is the purpose of the America’s Cup Partnership (ACP)?
The ACP was created to provide a more consistent framework for the competition, strengthening governance and long-term planning to encourage innovation and broader global engagement.
Which teams have equal representation on the ACP board?
The five founding teams with equal representation are Emirates Team New Zealand, Athena Rossa, Luna Rossa, Tudor Team Alinghi, and K-Challenge.
What is Marzio Perrelli’s professional background?
Perrelli has a career spanning investment banking (Goldman Sachs, HSBC) and sports media (Executive Vice President of Sky Italy).