Challenging Times Ahead for Team NZ

The NZ government has pledged $5.14 million in an effort to win back the America’s Cup. Says America’s Cup Minister Trevor Mallard; “This new funding will allow Team New Zealand to start the process of re-signing key team members. Without it, the human capital and intellectual property built up by Team New Zealand could disperse, putting at risk New Zealand’s ongoing participation in the America’s Cup.” Grant Dalton will lead Team NZ in their efforts to recover the cup.