The first America's Cup is won by the yacht America.

The America's Cup is a sailing competition and the oldest international competition still operating in any sport. America's Cup match races are held between two sailing yachts: one from the yacht club that currently holds the trophy and the other from the yacht club that is challenging for the cup. The winner is awarded the America's Cup trophy, informally known as the Auld Mug. Matches are held several years apart on dates agreed between the defender and the challenger. There is no fixed schedule, but the races have generally been held every three to four years.

A yacht is a sail- or motor-propelled watercraft made for pleasure, cruising, or racing. There is no standard definition, though the term generally applies to vessels with a cabin intended for overnight use. To be termed a yacht, as opposed to a boat, such a pleasure vessel is likely to be at least 33 feet (10 m) in length and may have been judged to have good aesthetic qualities.

America was a 19th-century racing yacht and first winner of the America's Cup international sailing trophy.