Azzurra is a yacht racing team that competed in the America's Cup, the Audi MedCup and the 52 Super Series for the Italian Yacht Club Costa Smeralda.

Funded by business magnate Aga Khan IV and industrialist Gianni Agnelli, and managed by businessman Luca Cordero di Montezemolo, Azzurra began to compete in 1982.

Aircraft manufacturer Ambrosini was involved in the construction of the yachts.

Skippered by Cino Ricci and with Mauro Pelaschier at the helm, the original Azzurra team won 24 of 49 races and developed a large and loyal following in Italy.

In 2009 and 2010, the team sailed for the Louis Vuitton Trophy, and was relaunched for the Audi MedCup and the 52 Super Series.