SAN DIEGO -- U.S. Olympians Caleb Paine and Bora Gulari are on the initial roster of 17 sailors announced by American Magic, the America's Cup challenger backed by the New York Yacht Club.

They are joined by veteran America's Cup helmsman Dean Barker of New Zealand and Paul Goodison of Britain, an Olympic gold medalist and three-time world champion in the foiling Moth class.

American Magic, INEOS Team UK and Italy's Luna Rossa Challenge are the only syndicates that met the initial entry deadline for the 2021 America's Cup in New Zealand.

Paine was the United States' only sailing medalist in the past two Olympics, taking bronze in 2016 in the Finn class. Gulari competed in the Nacra 17 class at Rio. Paine and Gulari plan to sail in the 2020 Olympics.