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Emirates Team New Zealand s base in Auckland s Viaduct Harbour © Richard Gladwell The long standing and at time bitter public wrangle over the AC75 class rule cost has been resolved, and America s Cup Event Ltd and its CEO and Directors, Grant Dalton, Tina Symmans and Greg Horton have been exonerated. A media release issued Tuesday afternoon confirms the Ministry of Business, Innovation and Economic Development (MBIE), Emirates Team New Zealand (ETNZ) and America s Cup Event Ltd (ACE) have met today in a mediation setting to resolve issues regarding whether the creation of the Class Rule for the America’s Cup was an Event Cost under the Host Venue

United statesNew zealandGreg hortonGrant daltonBeattie varleyTina symmansOmbudsman or public services commissionAmerica cup event ltdEmirates team new zealandSerious fraud officeEconomic developmentMinistry of businessEmirates teamHigh court hearingCup class ruleRichard gladwell sail world