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16 Jan 2026 22:34
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      Home > News > Sports > Sailing

    A hospitality boss says the Government's missed a major financial opportunity by not backing an Auckland America's Cup bid

    A hospitality boss says the Government's missed a major financial opportunity by not backing an Auckland America's Cup bid


    The play for 2027 series can't go ahead without that funding.

    Ministers estimated it would have cost them 75-million-dollars.

    Hospitality NZ Chief Executive, Steve Armitage, says this contradicts the Government's growth message.

    He says it would double the money put in - if the event went half as well as Barcelona.

    © 2026 Newstalk ZB, NZCity

     Other Sailing News
     16 Jan: There's a Team New Zealand America's Cup vibe to the Swedish SailGP team debuting at the season-opener in Perth this weekend
     16 Jan: Swedish SailGP driver Nathan Outteridge is poised to blow out the cobwebs out as his new syndicate debuts at the season-opening event in Perth
     30 Dec: The glory of crossing the line first in the Sydney to Hobart yacht race might have been celebrated in the bars beyond Constitution Dock, but the contest for the Tattersall Cup to crown the overall handicap winner remains on the water
     28 Dec: The leading contenders have now reached the coast of Tasmania in another dramatic Sydney to Hobart yacht race
     27 Dec: In the Sydney to Hobart yacht race, Comanche remains around four miles ahead of LawConnect in the lead, with 340 miles to go
     27 Dec: The Sydney to Hobart fleet has lost its first 100-foot supermaxi, with Wild Thing 100 retiring from the 80th running of the race on the first night of sailing
     26 Dec: A New Zealand yacht is expected to be right in contention for the overall race win in the Sydney to Hobart classic
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