The 1987 America's Cup was the twenty-sixth challenge for the America's Cup and the first time for 132 years that it had not been defended by the_cc781905-5cde-3194-bb31-5cNew York Yacht Club.

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The American challenger Stars & Stripes 87, sailed by Dennis Conner, beat the Australian defender Kookaburra III, sailed by Iain Murray, four wins to nil in the best of seven series.[1] Conner thus became the first person both to unsuccessfully defend the America's Cup and then to win it back again.

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The series was held in Gage Roads off Fremantle, Western Australia during the Australian summer months between October 1986 and February 1987. The Royal Perth Yacht Club was the defending club and the organizer of the defense series.[2] Costa Smeralda Yacht Club of Porto Cervo, Sardinia was appointed the challenger of record and hence the organizer of the challenger series.

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This was the last time that 12-metre class yachts were used in the America's Cup.