Team New Zealand, the owner of the America’s Cup in sailing, has rejected the local government’s offer to defend his title in Auckland and will now consider options for a race course in other countries. The New Zealand team announced a 7-3 victory over Luna Rossa in the latest edition of the world’s most famous regatta in order to keep the so-called “Old Mag” inside, announcing a period of exclusive negotiation with the local authorities and concluded the upcoming 37th Cup.
“Closed period for exclusive negotiations with New Zealand authorities”
Emirates Team New Zealand, representing the Royal New Zealand Yachting Squadron, and the government, along with Auckland Council, have concluded exclusive funding discussions for the next squadron. USACup after Etens’ successful defense in 36th in Auckland USAWorld Cup in March of this year – text of the statement -. During the three-month period of exclusive negotiations between the New Zealand agencies and Etnz, they were unable to come up with an outcome that works for all parties. The three parties worked on these discussions with the best of intentions to see AC37 hosted in Auckland and were unable to reach agreement on the expiration of the exclusivity period. The Emirates team in New Zealand will begin discussions with other countries to explore options.”
Dalton: “We are discussing with other countries for the next edition”
“No matter where we are in the world, we will always be Team New Zealand. Our priority has always been to maintain and successfully defend the team.USACup – said Grant Dalton, president of TNZ -. We definitely want to explore the possibility of organizing a regatta in Auckland, and in addition to discussing the AC37 headquarters with other countries, we would also like to take advantage of this opportunity. However, the end of the exclusive negotiation period does not cancel all opportunities for the event or event being hosted in New Zealand. If resources allow for an event in New Zealand, we will remain open to that. But we need to explore other opportunities to make sure we can provide another successful defense.”
Commodore Young: “We want to keep the title in our club”
A concept also reaffirmed by Rnzys Commodore Aaron Young. “While we remain confident that the Cup can remain in New Zealand, it would be wise to explore other options now as well, with the main objective of ensuring that the Cup trophy is won. USA Stay in the locker here at the club – Young words -. Therefore, we also understand the need to help ensure the vitality of the Emirates Team New Zealand, so we have every opportunity to defend the team once again.USAcup wherever. It will be an unprecedented result to win inUSAThe World Cup three times in a row and taking the cup abroad could provide our best opportunity to do that. This option was presented to members during last night’s meeting and I think it is generally understood that this may be necessary.”
The Prime Minister: We want to host the event, but there are limits
According to media reports, the New Zealand government has pledged NZ$99 million (US$71 million) in cash and in-kind support to the New Zealand Cup defense team in Auckland, having already spent about NZ$250 million on the competitions. It was staged in early 2021. “Our view is we want it to be hosted here. We’ve done our best, but there are also limits to what we can do,” New Zealand Prime Minister Jacinda Ardern told local radio on Wednesday. Because this is taxpayer financing, after all, it should always be an advantage for New Zealand.”
Ireland prepares for a show
New Zealand media also reported that the UK team had offered to fund a one-off race against TNZ around the Isle of Wight, the original site of the 1851 race. From Ireland came the news that Cork, in the south of the country, was preparing to bid for the world’s most famous sailing event after hosting a technical delegation America’s Cup organizers over the weekend.