[5] A second Australian challenge from Sydney, Spirit of Australia was headed by Iain Murray, skippered by Peter Gilmour and the team included Tom Schnackenberg.

Managed by Peter Blake, the team was skippered by Rod Davis and NZL 20's crew included tactician David Barnes, bow, Alan Smith; mid-bow, David Brooke; mast, Barry McKay; pit, Denis Kendall; floater, Mark Hauser; grinders, Andrew Taylor and Sean Clarkson; genoa trimmers, Kevin Shoebridge and Grant Loretz; mainsheet traveler, Don Cowie; mainsheet trimmer, Simon Daubney; and running backstays, Tony Rae and Peter Evans.

Russell Coutts sailed the second boat and additional crew members included Chris Salthouse, Robbie Naismith, Ross Halcrow, Warwick Fleury, Matt Mason, Dean Phipps, Gavin Brady and Nick Heron.

[8][7] Coutts and Brad Butterworth replaced Davis and Barnes during the Louis Vuitton Cup finals.

*Race removed from records after Il Moro di Venezia were successful in a protest over New Zealand's bowsprit.