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America s Cup: Negative political and media reaction follows release of AC36 analysis

America s Cup: Negative political and media reaction follows release of AC36 analysis
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America s Cup decision

Hon Stuart Nash The Minister responsible for the America’s Cup has confirmed the joint Crown-Auckland Council offer to host the next regatta has been declined by the Board of Team New Zealand. “The exclusive period of negotiation between the Crown, Auckland Council, and Team New Zealand ends tomorrow, 17 June,” said Stuart Nash. “Representatives of the Team New Zealand Board have informed the Crown-Council negotiators that the offer is not sufficient. The offer expires today, 16 June. From tomorrow, Team New Zealand is now free to seek support from other partners. “We want the next America’s Cup raced in New Zealand. Tens of thousands of diehard Kiwi fans who turned out to support the historic defence of the Cup in March want it raced in New Zealand. It is disappointing we were unable to reach agreement within the exclusive negotiation period.

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