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Bernard Arnault’s Latest Sports Flex? Handing the America’s Cup to New Zealand at Barcelona Ceremony

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Pietro Beccari and Bernard Arnault present the Auld Mug to Emirates Team New Zealand, winners of the Louis Vuitton 37th America's Cup, at a ceremony in Barcelona.

Luxury and fashion titan Bernard Arnault gave sports another big vote of confidence over the weekend, handing the Auld Mug to Emirates Team New Zealand on Saturday night as the Louis Vuitton 37th America’s Cup wound up two months of high-level yacht racing in Barcelona.

At his side was Vuitton chairman and chief executive officer Pietro Beccari, who earlier in the day — wearing the same navy Vuitton windbreaker as Arnault —…

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