The next America's Cup will be held off Naples, Italy, in 2027, holder Team New Zealand announced on Thursday. It will be the 38th edition of the world's most famous regatta and the first time it has been held in the Mediterranean country. New Zealand had the right to pick the venue afterwinning its third straight cupin Barcelona last year. The cup holder said the races will be staged in the spring and summer of 2027. In its statement, the team said the races "will take place under the watchful shadow of Mt Vesuvius and just off the waterfront of the vibrant city." Italian yachts have reached the final match race three times, most recently Luna Rossa in 2021.Luna Rossafell one step short in Barcelona, where the beachfront was teeming with Italian fans. Britannia beat Luna Rossa to reach the final, where it lost to the Kiwis. Luna Rossa Prada Pirelli won the firstWomen's America's Cupin Barcelona and its youth team also won the event for young sailors. No going home Many New Zealand fans were angered when team boss Grant Dalton took the cup away from Auckland, citing financial difficulties, after the local boat hosted the event and successfully defended its title in 2021. Dalton left open thepossibility of returning homefor the 38th regatta if the money was there, buthe discarded that option last monthafter the team failed to secure what it considered sufficient backing from the government. Barcelona's municipal government optednot to bid to host another cupjust days after Team New Zealand culminated its three-peat, citing costs and amid a protests against so-called "overtourism." The America's Cup is the world's oldest international sports trophy. It dates to 1851 when the schooner America bested the Royal Yacht Squadron around the Isle of Wight. Only four countries have won it, including the Australians and Swiss. ___ AP sports:https://apnews.com/hub/sports