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| Architect | B. Chance Jr |
| Builder | Robert Delong Boatworks Inc |
| Owner | Sail America Foundation |
| Club | San Diego Yacht Club |
| Skipper | Dennis Conner |
| Type | catamaran |
| Length HT | 18.26 m |
| Draft | 3.04 m |
| Displacement | 2.90 tons |
| Sail area | 176 m2 |
New Zealand KZ 1
Challenger
New Zealand
| Architect | Bruce Farr |
| Builder | Marten Marine Industries Ltd |
| Owner | Michael FAY New zealand Challenge |
| Club | Mercury Bay Boating Club |
| Skipper | David Barnes |
| Type | monohull |
| Length HT | 40.41 m |
| Draft | 6.40 m |
| Displacement | 39 tons |
| Sail area | 627 m2 |
The winner
For this 27th edition, the New Zealanders launched a challenge, seeking to strictly return to the original Deed of Gift and proposed racing with a 90-foot monohull (the maximum allowed). The challenge was declared valid, and in response, the Americans built a catamaran. With two wins to zero, Stars & Stripes won by a wide margin.
The looser
The crew of the gigantic New Zealand monohull is 40 strong. Beaten soundly in both races, they challenged the Americans' victory in court but lost, and the cup remained American.