In January 2012, Ben Ainslie announced the formation of an eponymous team to compete in the America's Cup: Ben Ainslie Racing (BAR). His team competed in the AC45 class of the 2011–13 America's Cup World Series, 2014 Extreme Sailing Series and set a multihull record for the Round the Island Race. The team won the 2015–16 America's Cup World Series but were eliminated in the semi-finals of the 2017 Louis Vuitton Challenger's Trophy competition to determine the challenger for the 2017 America's Cup.