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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: Jacinda Ardern on Team New Zealand s victory 17 Mar, 2021 04:22 AM 4 minutes to read NZ Herald The Government has committed funding towards the next America s Cup defence after Team New Zealand s emphatic win against Luna Rossa. Future funding will be, however, on the condition that the next defence will be held in New Zealand. Team New Zealand is understood to be considering a radical proposal for the next America s Cup defence which could be unprecedented in the modern era of the event. NZME understands that Team New Zealand s chief executive Grant Dalton and Ineos Team UK owner Sir Jim Ratcliffe have two options on the table for the next Cup defence. ....
Wednesday, 17 March 2021, 5:13 pm “Team New Zealand has once again made us all so proud by retaining the America’s Cup as New Zealand’s cup,” Prime Minister Jacinda Ardern said. “On behalf of all of Aotearoa I congratulate Grant Dalton, Peter Burling and the whole team, those on the water and off it, for their achievements. “Peter Burling and his crew of skilled sailors showed what they were capable of in all conditions, highlighting the tactical brilliance and sheer hard work of everyone involved. “Following a hard year, Team New Zealand provided such optimism and excitement. I know with all the international limitations that COVID created this ....
America s Cup 2021: Three months to seal new deal with NZ Government or the cup may leave 17 Mar, 2021 08:45 PM 5 minutes to read NZ Herald The government minister in charge of striking a deal with Team New Zealand to keep the America s Cup here is warning a lack of money may mean it disappears off shore. It comes as Auckland s mayor Phil Goff issues a plea to the team to stay put given the massive support from the city s ratepayers in recent years. The Government has until June to negotiate a deal with the Royal New Zealand Yacht Squadron and Team New Zealand to keep the next challenger series here. ....