Team NZ defend their America’s Cup move
TEAM NEW ZEALAND have defended their decision to stage the next America’s Cup in Spain, adamant they would have surrendered the Auld Mug if the regatta was held again in Auckland.
Barcelona was announced on Mar 30 as host of the event in 2024, seeing off bids from Malaga, Jeddah and Cork.
Team NZ chief executive Grant Dalton had come under pressure to keep the 37th edition in Auckland, given significant public funding and investment in the city’s infrastructure ahead of the 2021 regatta, when the defenders beat Italy’s Luna Rossa syndicate in the final series.
However, Dalton said lucrative hosting rights were put out to tender when a government offer came up well short of the figure required to retain their key boat design and engineering personnel.
The decision has been greeted with broad public disappointment in New Zealand, where a wave of nationalism has accompanied previous Team NZ campaigns.
Dalton said his team would have little chance of retaining the silverware in home waters against better-resourced rivals.
“If we thought for one second that we could be competitive, with a realistic chance of winning the Cup in New Zealand, then that’s where we’d be,” he said.
“I can assure you that if we lose it in New Zealand, it will be gone forever, and the team will be gone.”