America's Cup
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The America's Cup is a trophy awarded to the winner of a series of yacht races of the same name. It is the oldest sporting trophy still in use. Originally the Royal Yacht Squadron Cup it was renamed after the yacht America, the first to win it. The owners of the America donated the trophy as a “Perpetual Challenge Cup for friendly competition between foreign countries” to their home club, the New York Yacht Club, under a Deed of Gift which established the conditions for those wishing to challenge for the trophy.