30 Mar 2022

America's Cup: Grant Dalton on moving cup overseas

From Morning Report, 7:06 am on 30 March 2022

Team New Zealand chief Grant Dalton says the hope remains of the America's Cup one day returning to being based in New Zealand.

The next Cup will be held at Barcelona in Spain.

A bid from the Government and the Auckland Council to hold the event on Waitematā Harbour has been turned down by Team New Zealand and the Royal New Zealand Yacht Squadron.

Grant Dalton told Morning Report there was not enough money invested into holding the event in Auckland to cover costs.

He says there was only a third of what was promised was tangible cash - and the end result of an Auckland defence would have been Team New Zealand forfeiting the Cup forever.

Auckland mayor Phil Goff says Aucklanders will feel let down.