The Royal New Zealand Yacht Squadron is a New Zealand yacht club, and the club behind New Zealand's America's Cup campaigns, under the guises of New Zealand Challenge and Team New Zealand. It held the America's Cup from 1995 until 2003, becoming in 2000 the first non-American holder to successfully defend the trophy. After Team New Zealand's victory in the 2017 event, the Royal New Zealand Yacht Squadron are the current holders of the America's Cup. On March 21, 2021, they beat Circolo della Vela Sicilia's Luna Rossa Challenge to again win the 2021 America's Cup.