Great Britain’s Blue Arrow challenge, which lost...

Great Britain’s Blue Arrow challenge, which lost a court bid to be included in the next America’s Cup, decided against sending its newly built 65-foot sloop to San Diego for possible post-Cup exhibitions against the U.S. and New Zealand syndicates.

Blue Arrow syndicate director Peter de Savary said in a statement from London that he saw no point in sending his monohull to San Diego, given New Zealand’s unwillingness to race against it.

A judge had ruled that Blue Arrow could not participate in September’s America’s Cup races without the approval of both the New Zealand and San Diego syndicates.

Sail America, representing the San Diego Yacht Club, had given its approval to Blue Arrow on the condition that the British syndicate agree to race the catamaran. New Zealand, however, objected on grounds that De Savary’s boat was different from the Kiwi yacht.