Four-time Olympic gold medallist Sir Ben Ainslie told ITV News a decision will be made in "a matter of weeks" on whether there will be a British entry into the America's cup.
Ainslie was the strategist for Oracle Team USA as they recovered from 8-1 down to beat Team New Zealand 9-8 and win this year's event in San Francisco Bay.
He has spoken in the aftermath of his wish to repeat the victory with a British team.
More top news
ITV's Good Morning Britain was forced off the air in an unusually abrupt fashion this morning after a fire alarm interrupted the broadcast.
The answer is it's not Britain. See where the UK ranks out of the 28 EU member states.
Most disabled people say they are treated differently by strangers and reveal common gaffes for Scope's #EndTheAwkward campaign.