The ticket holders are currently being refunded by the America’s Cup for races in the initial rounds of the Summer of Racing.

The Americas Cup in San Francisco

The decision follows confirmation last week by the Swedish challenger, Artemis Racing, of its intention to race in the Louis Vuitton Cup, America’s Cup Challenger Series, once it is satisfied its second boat is ready for racing.

“This is the right thing to do for our fans who may be affected in the early rounds, before the racing hits full stride,” said America’s Cup CEO Stephen Barclay.

Last week, Artemis Racing CEO Paul Cayard described the challenge ahead for his team as a “mountain to climb” as it works through the steps to be in a position to race by the end of July, ahead of the Louis Vuitton Cup semifinals.

Fans who purchased tickets for the initial races will be informed via email of the refund process. All tickets for racing in the initial rounds (July 5 – August 5) will be refunded. Tickets for the Louis Vuitton Cup semi finals will be refunded as well, with those currently holding tickets given priority access for re-booking once Artemis Racing confirms its racing schedule.