The syndicate was founded by Sir Keith Mills, also known for being the deputy chairman for the organizing committee of the London 2012 Olympic bid.

Less than a month later, it was announced that Team Origin would be partnering the Royal Thames Yacht Club (of which Sir Keith Mills is a member), because of its balance between old and new, tradition and technology, and also its central location in Knightsbridge, London.

[citation needed] After its acquisition of SUI-75 in May 2007, an almost identical boat to SUI-64, which was used by the Swiss to win the 31st Americas' Cup match, all that was missing was the crew, the majority of which were announced in September 2007.

[3] In August 2010, the Royal Thames Yacht Club and Team Origin hosted BMW Oracle in Cowes to compete in The 1851 Cup.

The decision was based on the rule changes for the America's Cup to the boat specifications that meant the team had no chance of winning.