Sweden will compete in the 2017 America's Cup with Artemis Racing representing them for the second successive time.

"I am proud to be representing Sweden once more," team leader Torbjön Törnqvist said in a press release earlier in August. He also stressed that he believes Sweden could win this, yachting's most prestigious prize.

For more info on the prestigious race: There can be only one … winner of the America's Cup! That phrase is still, ever since the first race in 1851, the essence of America’s Cup.