Seems that Team New Zealand can win just fine without taxpayers’ money

It looks like we can celebrate the end of corporate welfare of Team NZ, they have won anyway without picking the pockets of the taxpayer.

Team New Zealand have overcome a pre-start penalty to mount a final day rally to win yachting’s America’s Cup World Series regatta in Sweden in a dramatic winner-takes-all series decider.

New Zealand came through a difficult day in Gothenburg on a tight race course, with light and shifty conditions.

Skipper Glenn Ashby and prodigy helmsman Peter Burling on Monday posted a 2-1 scoreline in the two double-point races to overhaul Oracle Team USA, who had won twice on the first day.   

Race one set the foundation for a dramatic final race. A pre-start penalty saw Team New Zealand last off the start line, yet they managed to graft their way back to second, cutting back British team Ben Ainslie Racing (BAR) and Oracle Team USA.

That left Team New Zealand, BAR and Team USA tied on points, with Sweden’s Artemis Racing just two points adrift for what was effectively a winner takes all final race between the four teams.

New Zealand won it.

Winners attract more sponsor money too, so it looks like the gravy train for millionaire sailors at the expense of the taxpayer is well and truly over.

I’ve always said that if a team, product or company needs taxpayer cash to make something happen then it is probably a dumb idea.

Good ideas thrive in an open market and dumb ones wither. Now if only we could get Steve Joyce to understand that.


– Fairfax

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