For Tuke, yesterday's announcement is a dream come true for the 24-year-old.
"[The announcement] was a pretty proud moment really. Team New Zealand is such an iconic brand, not only for sailors in New Zealand but everyday Kiwis as well, and I've looked up to the guys.
"I'm not sure exactly who's the team going forward, but certainly those guys [from the last challenge] with our affiliation through the Youth America's Cup have welcomed us into the team."
Managing director Grant Dalton said the team needed to bring young New Zealand sailors up through the ranks if it was to stay at the forefront of international sailing.
"Peter and Blair have performed with distinction internationally and have earned the chance sail with us.
"They are well aware that the transition from Olympic sailing and making their own decisions to being part of a large, structured sailing team will not be easy.
"Their job will be to soak up the knowledge and the experience within the team and push hard for a place on the America's Cup boat."
Dalton said the team would race two AC45s at world series events in 2015 and 2016. The America's Cup World Series fits neatly into their Olympic campaign.
He added some of the Team New Zealand yachtsmen could not be retained "because we can't afford it" and some would just not be retained, meaning Northland grinder Chris McAsey's spot onboard could be in doubt.
While details of the next America's Cup are still yet to be divulged by holders Oracle Team USA, their discussions with the challenger of record, Australia's Hamilton Island Yacht Club, are advanced and Dalton said he was pleased with how things were progressing.