Team New Zealand guns Peter Burling and Blair Tuke have yet to decide if they will compete at the 2020 Olympics in Tokyo.
The pair won gold two years ago in Rio de Janeiro, and silver in London in 2012 in the 49er sailing class, but the decision on whether to go for a third medal is uncertain.
The timing of the America's Cup defence in 2021 will be a tough juggle with a third Olympic campaign.
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Speaking on the AM Show, Tuke said if they can fit in both roles, then another stint in the smaller boat is a possibility.
"The Olympics has been a big part of what we have done, and it has a very special place in our hearts," said Tuke.
"We are very passionate about it, and you don't take representing New Zealand at the Olympics lightly, but if we do another campaign it will be for the right reasons and if we have time to do it
"We need to work through it; we'd love to, we've said that all along but we need to make sure if we can do it right."
Both Burling and Tuke confirmed they have yet to sign on with Team New Zealand for the 2021 campaign, but they said they are not planning on going anywhere else.
The pair are also currently involved in the Volvo Ocean Race and will make a decision on whether they will compete in the Olympics after the completion of the event.