Team New Zealand could defend the next America’s Cup outside New Zealand

next defense of America’s Cup Sailing can be after the defending champions outside New Zealand, Emirates Team New Zealand, failed to reach an agreement with the national and local governments on the funding of a regatta in Auckland.

New Zealand Government And this Auckland City Hall They have offered the consortium NZ$99 million (€63 million) to organize the defense of the oldest sailing trophy in Auckland. but Team New Zealand, who defended the trophy in Auckland earlier this year, are looking for almost double that amount to keep the event in New Zealand.

l DG Dell Team New Zealand, Grant Dalton, spoke to members of the Royal New Zealand Yacht Squadron, the Cup’s official host club, in Auckland on Tuesday night to explain the implications of the funding crunch.

In a statement issued on Wednesday, Team New Zealand He said the failure to reach an agreement with the government and the council “does not eliminate any possibility” that the next America’s Cup will be held in Auckland. But he said the team would investigate the possibility of accepting foreign offers to host it.

The boss of Britain’s America’s Cup team has offered to support a special cup regatta between the two Team New Zealand and British Challenger I
Neos Team UK Close the Cowes on the Isle of Wight next year. And Dubai and the Irish city of Cork have also expressed interest in hosting the event.

Team New ZealandThe New Zealand government and Auckland Council have spent three months in “exclusive” talks, a period that ended on Wednesday. “Of course, the end of the Special Trading Period does not eliminate the possibility of an event or event taking place in New Zealand,” he said. Dalton. “If resources allow an event in New Zealand, we will be open to it. But we must explore other opportunities to ensure that we can present another successful defense. Wherever we are in the world, we will always be Team New Zealand.”

Commodore of RNZYS, Aaron YoungSaid that the club also hoped that the America’s Cup could remain in New Zealand. But he added that “now it would be prudent to explore other options as well, the main aim of which is to ensure that we keep the trophy in cabinet here at the club.”

Grant Dalton Aware that the decision to defend the America’s Cup outside New Zealand could provoke a backlash from taxpayers who have adequately funded the trophy defense in Auckland in 2000, 2003 and again this year.

Minister of Copa America, Stuart NashoGiven the impact of the COVID-19 pandemic on New Zealand’s economy, the government described the proposal as “very generous” and “highly credible”. Nash He said that he accepted the decision Team New Zealand Other options to consider. He said, ‘We want the next America’s Cup to be in New Zealand. Nash. “Thousands of die-hard fans who supported the historic Cup defense in March want it to happen in New Zealand. It is disappointing that we could not reach an agreement within the Special Negotiation Period.”

America’s Cup It was a global business operation, he said, and “an international business as much as a sporting event.” “The team is now free to seek commercial sponsorships, private sponsorships or other avenues to finance the operation,” he added.