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America s Cup: New Zealand made $156m loss on hosting event © RNZ / Amy Williams New Zealand made a loss of $156 million from hosting the America s Cup event in March. An evaluation report released by the Crown and the Auckland Council shows that for every dollar spent, 28 cents was lost. The loss is put down to higher than projected public investment, few international visitors, and only three of the potential 10 challengers racing. The Ministry of Business, Innovation and Employment (MBIE) and Auckland Council cost-benefit analysis found the 38,745 people who visited Auckland during the event spent $298m, and it was the most watched America s Cup of all time.

New zealandUnited statesAmy williamsAuckland councilCup eventCup villageAmericas cupRace villageAuckland unlimitedCup challenger seriesபுதியது ஜீலாந்துஒன்றுபட்டது மாநிலங்களில்ஆமி வில்லியம்ஸ்ஆக்லாந்து சபைகோப்பை நிகழ்வுகோப்பை கிராமம்