America’s Cup

One year until the next America’s Cup regatta. Do you give a s***?

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It’s exactly one year until the America’s Cup Qualifiers – the start of the Cup regatta – is scheduled to get underway.  Five syndicates including Emirates Team New Zealand will line up for a chance to challenge Oracle Team USA for the Auld Mug.

Twelve months out, how is Team NZ progressing in its quest?

To pull out the most obvious of sporting cliches, it’s been smooth sailing.  Team NZ currently sit on top of the AC World Series after five regattas.  Consistency has been the key: two of those events the Kiwis have also taken regatta honours, and they’ve only finished off the podium four times in eighteen races. […] Read more »

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.    Read more »

Time to stop the corporate welfare

The Government says it doesn’t know if the millions it pours into corporate welfare via the Callaghan Innovation fund is helping or benefitting New Zealand.

Sounds like a bloody good reason to end it.

The benefit from millions of dollars of taxpayer-funded research subsidies may be heading straight offshore.

A boat building firm owned by Team Oracle’s founder, American billionaire Larry Ellison, drug giant Bayer, Nasdaq-listed Fiserv and global software firm SAP are all recent recipients of research and development grants from Callaghan Innovation, the government agency charged with administering the money.

But the Government says it has no idea whether any of its investment is actually benefiting New Zealand.  Read more »

Someone needs to tell Dalton he’s dreamin’

Grant Dalton really needs to watch ‘The Castle’ and listen to Daryl Kerrigan.

Team New Zealand will fight for an America’s Cup pre-regatta in Auckland, despite the event’s organisers announcing all races will be in Bermuda in 2017.

Prime Minister John Key said it was “extremely unlikely” the team would get government funding following the announcement on the Cup’s official website yesterday.

Team NZ board chairman Keith Turner told the Herald it “was not the end of the road” for an Auckland qualifying race and the America’s Cup Event Authority’s (ACEA) statement was not legal. The decision was subject to a legal process after the ACEA backtracked on its decision to hold an Auckland event, he said.

Read more »

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.    Read more »

America’s Cup, why bother?

Surely you’re like me and the other ninety nine percent of New Zealand and you’ve had a gut’s full of the palaver of the America’s Cup and the sideshow that follows in its wake.

How about a New Zealand Cup? Or a World Sailing Cup?

I’m sure Luna Rosa would want to enter, even Australia have showed signs of wanting to again enter a competition that wasn’t run by egos. And if it didn’t cost the earth to enter and the first rule in the rule book said you can’t change the rules there would be plenty of others who’d join too.

There’s no doubt that the America’s Cup provided plenty of opportunity and benefit to New Zealand and its sailing community when New Zealand won and held the cup. But a lot of what it did do, was showcase that we have some of the most innovative designers and boat builders in the world. We already know that a good proportion of the best sailors in the world are Kiwis so who needs the “America’s Cup?”

We need to stop worrying about some regatta that’s designed to serve billionaires interests and give serious consideration to all the other classes and things that we are actually good at, to what is actually good for sailing and the people of New Zealand.

This year we have no entry in the Volvo Ocean race, but the thousands that turned up to the race village in Auckland during the last stop over shows that there’s overwhelming support for us to have entered.

If Team New Zealand don’t enter in the next America’s Cup will New Zealand actually care?

– George Berry, One News

Now here’s a surprise: spoiled rich kids upset that spoiled rich kids act spoilt

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A joint statement published on the official America’s Cup website and signed by defending champions Oracle Team USA, Artemis Racing of Sweden, Britain’s Ben Ainslie Racing and Team France hit out at Team New Zealand.

“We are disappointed to see how Team New Zealand are characterising the rule changes that reflect the collective will of the America’s Cup teams,” the statement said. Read more »

Good, now taxpayers are off the hook at last, but Dalton is clinging desperately to the trough

Steve Joyce must be breathing a sigh of relief as he gets and escape clause from having to pour more corporate welfare into Team New Zealand.

But the idiot Grant Dalton, who these days tends to think with his little head is deciding to waste more taxpayer funds by challenging the organisers.

Team New Zealand are challenging a decision by the America’s Cup Events Authority to ditch Auckland as host of the qualifying regatta in early 2017.

But chief executive Grant Dalton says regardless of the outcome of any hearing “this is not the end of Emirates Team New Zealand”.    Read more »

Should we fund Team New Zealand, or would the money be better used in Vanuatu? #cyclonepam

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The Volvo Ocean got postponed because of Cyclone Pam.

Vanuatu got devastated because of Cyclone Pam.

Team New Zealand wants $35 million to fund a yacht race for millionaires.

Does Team NZ really need that money or do the impoverished and homeless people of Vanuatu need it more.

I say we tell Team NZ that their state funded fun and games are over, we have more pressing need for the funds.

We don’t need a new flag, Northland doesn’t need new bridges and Team New Zealand can get stuffed.

Look at that, we just raised more than $100 million for Vanuatu with some sensible costs prioritisation. Read more »

Is anyone talking to Andrew Little or are they all trying to make him look like a dick

Yesterday in parliament Andrew Little got a caning on the first question over social housing where his own spokesman’s words were hurled back at him with every question.

Then there is this on the subject of the corporate welfare for Team New Zealand.

Labour’s sport spokesman Trevor Mallard confirmed he was briefed on the outcome of the qualifiers’ series decisions, but not by the Government and hinted it was international sources. He said he did not intend to break the confidentiality he was bound by.

Mr Mallard was Sport Minister under the former Labour Government which had given the $36 million funding and said he believed it was worth re-investing in the team whether or not it had secured a series. He said the Government had earned more in income tax and GST than it contributed in direct funding last time. “It would be logical for them to put money in on the cost benefit and tax analysis they’ve done. I think it adds up.”

Mr Mallard’s leader was slightly less convinced and Mr Mallard said he had not passed on the information he knew to Mr Little because “I don’t break confidences.”   Read more »