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Alinghi as a competitive sailing team was created in 1994 by Ernesto Bertarelli. In 2000, the team set itself the goal of winning the America's Cup, which it did twice, in 2003 and 2007, meaning it was the first European team to win the historic prize. The team has many other successes to its name, both from before and after it's America's Cup campaigns, including seven Bol d'Or victories, eight D35 trophies, four Extreme Sailing Series championships, one GC32 Racing Tour championship and a GC32 World champion title.