Bad news for Dalton, wonder if he has rung the sponsors yet?

Grant Dalton has for months been telling sponsors that the government money is in the bank.

I’m not so sure on that, because as of last night America’s Cup organisers have canned the Auckland series.

Radio New Zealand reports:

Auckland has officially been scrapped as host city for one of the qualifying rounds of the America’s Cup, jeopardising government funding for Team New Zealand.

The official America’s Cup website said that at a meeting on Friday, the competitors agreed on the details of the 2017 race programme, with all racing set to take place in Bermuda. ??

The organisers had earlier agreed to host a qualifying round in Auckland but a majority of competitors then opted to reverse that decision.

Prime Minister John Key effectively ruled out being a major sponsor if Auckland was not a venue.

Team New Zealand filed an application to the America’s Cup Arbitration Panel challenging that move.

It is understood the panel is yet to be chosen.

Grant Dalton has previously said that without the funding, he cannot guarantee Team New Zealand will compete.

Grant Dalton might have to get his suit out and stop wearing bush shirts to sponsors meetings as he delivers the bad news.

The government should tell these millionaire sailors to fund their own cup, the subsidies are over.


– Radio New Zealand