In 1983 the boxing kangaroo received national and international prominence when it served as the symbol for the successful Australian challenge for the America's Cup, where the boxing kangaroo flag, a red-gloved golden kangaroo on a green background, was flown from the yacht Australia II. Alan Bond (owner of the Australia II yacht) owned the image and licensed it for mass production. The image was later bought by the Australian Olympic Committee, and is used as a mascot to represent the Australian Olympic team and to promote sport and fair play in schools.