"With the unfortunate closure of GBR Challenge team operations, we are now going through the process of selling the valuable assets that the team has gathered since 2001", explained the Peter Harrison's team in a official statement.

Such assets include America's Cup race boats from 2003 - GBR 70 and GBR 78, tender support boat 'Pier View', 14m RIB, all rigs, sails and support equipment for the two race boats, numerous tailor made container workshops and their contents.

It also includes the sale of the spectacular M/Y Viking, an 80 foot purpose built luxury race viewing motorboat, ideal for sponsors and hospitality guests.