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America s Cup lost New Zealand $156 million Newshub 14 hrs ago Tom McRae © Video - Newshub; Image - Photosport Watch: Team New Zealand won the America s Cup, but the event turned out to be a massive financial loser for New Zealand, costing us more than $150 million. The America s Cup might have captured the imagination of the nation but it failed financially. The 36th America s Cup held in Auckland over summer lost $156.1 million according to a new report.  The cost benefit analysis identified costs of $744.2 million against benefits of $588.1 million. This is a net cost of 156.1 million. In other words, for every dollar spent, New Zealand only made 79 cents. 

New zealandUnited statesNew zealandersBlair tukeNick hillTeam new zealandMinistry of businessAuckland councilTeam new zealand forAuckland unlimited chief executive nick hillViaduct harbourWynyard quarterபுதியது ஜீலாந்துஒன்றுபட்டது மாநிலங்களில்நிக் மலைஅணி புதியது ஜீலாந்து