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Sir Jim Ratcliffe initiates legal proceedings to reclaim the AC75 currently held by his former business partner, Athena Racing. The Daily Telegraph reports that Ratcliffe aims to compel Ben Ainslie to return the £180 million yacht they constructed for the last America’s Cup. Ainslie has consistently asserted his ownership of the AC75 and assets linked to the 2024 America’s Cup, rejecting claims to the contrary. This dispute is poised to unfold in court. Updates will follow as this story develops.
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