(CNN) -- Australian tycoon Bob Oatley is turning from wine to water as he announced his intention to build a team to challenge defending America's Cup champions Oracle Team USA. The renowned vintner filed his intention to challenge for the 35th edition of sailing's blue ribbon event Monday. Oatley -- a man who is described as "as famous for his wine as he is for sailing" -- lodged his intent with San Francisco Golden Gate Yacht Club. The club is classed as the "defender and trustee" of the trophy after its team, owned by American billionaire Larry Ellison, won the 34th America's Cup last Wednesday.
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Australian wine mogul Bob Oatley has announced plans to enter a team in the America's Cup
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The vintner filed his challenge to the Golden Gate Yacht Club
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Oracle Team USA are the defending champions of the elite sailing trophy
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The Americans fought back to defeat Emirates New Zealand
"The recently completed America's Cup in @placeholder has revolutionized the sport for sailors and fans, and we were excited to see how many Australians played key roles on the teams and in the regatta organization."