Many are aware of the new framework of America’s Cup that was designed this year. The eight skippers who are to be part of the competition this year were asked to take a look at the existing terms of the old framework and bring about revisions in the same. The future of the event is tied to the terms that are laid down in the framework. The changes have been introduced in order to bring in a sense of continuity as well as stability in this reputed international regatta event which is considered one of the oldest trophy events in sailing.