America's Cup

Italian publication Vento e Vele, reported that the link between Spithill and the Challenger of Record is as good as done.

Burling is in discussion with the team bosses while on the Volvo stop over, including whether defence of his Olympic 49er title is feasible.

Barker will be at the helm of their Congressional Cup and TP52 Super Series campaigns this year.

The America’s Cup victory in Bermuda in 2017 was recognised with both the Sports Team of the Year and the Halberg Supreme Award.

The new $140 million plan is expected to be a pick-and-mix of elements of the two proposals publicly debated since late last year.

As Ben Ainslie and crew continue to sail in preparation for the next America’s Cup, he looks ahead to their plans for the Cup and the new AC36.

Simmer predicted the massive foils on the new design would weigh 1.2 - 1.5 tonnes each.

Instead of delivering a return of $1.20 to $1.80 for every dollar spent, Market Economics instead predicted it would deliver between 0.997c and $1.14.

Auckland Council voted on Thursday to extend and develop three areas around the Wynyard Basin on the central city's waterfront at a cost of about $140 million.

"It's not a fee to host an event, an appearance fee, a royalty or anything like that. It's to run the actual event and all the logistics," Dalton insists.

At the core of TNZ resistance is their belief they are a team, not a collection of individuals in which one person is more important than another, Yachting New Zealand chief executive David Abercrombie said.

“For every $100 invested by Government in producing the event, Bermuda received $500 or more than $500 in additional spending that wouldn’t have happened unless Bermuda had actually hosted the America’s Cup."

Design team leader Dan Bernasconi wouldn't put a figure on it, but insisted if Dennis was right, ETNZ "haven't got a hope" of defending the Cup.

Conner says that ETNZ don't want a lot of teams, just high calibre ones, and hence the high price tag.

Government minister David Parker reavealed that Team NZ were asking for a 'significant' hosting fee as Cup defenders, on top of their infastructure expenses.