Team NZ boss Grant Dalton.
Photo: PhotoSport
The offer involved cash and in-kind support worth about $99 million.
Auckland Mayor Phil Goff said Aucklanders would be disappointed Team NZ was looking to move the next regatta overseas.
Team NZ wanted twice what was on offer, Goff said. That clearly was not sustainable in the post-Covid environment. While I understand Team New Zealand have to think about their commercial interests, I share Aucklanders disappointment that the Cup is looking like it is going overseas. Council invested $113 million in infrastructure for this year s successful America s Cup and made a huge effort to deliver it on time and on budget.
America s Cup: Hosting bid unlikely to be finalised before exclusive negotiation period ends rnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnz.co.nz Daily Mail and Mail on Sunday newspapers.