Please select your home edition
Edition
Mackay Boats

America's Cup- Dalton reports good progress with sponsors + Full Video

by Richard Gladwell on 13 Jun 2014
Emirates Team NZ AC72 first rigging - Viaduct Habour, Auckland, New Zealand © Richard Gladwell www.photosport.co.nz
Emirates Team New Zealand CEO Grant Dalton reported that good progress had been made with sponsors, and that many of the other barriers in the way of a campaign for the 35th America's Cup had been marginalised.

Addressing a media conference in Auckland, held on Black Friday, at the team's Viaduct Harbour base, Dalton said the team had delivered on the Government's requirements as a precursor to committing to a sponsorship package of a similar magnitude to its investment in the 2013 America's Cup.

In just over 10 days since the receipt of the Protocol for the 35th America's Cup, the team has advanced proposals with a new sponsor, believed to be a major NZ bank. They have also been to other approaches made to private sponsors, along with the team's existing sponsor group.

The requirement for $3million in entry fees and performance bonds came as a surprise to the team, which had been expected to about about $1million - given that for the 34th America's Cup the same costs were closer to $5million and were later shaved to $100,000.

Dalton opened the media session with a comment that most present probably expected a spray in the direction of Oracle Team USA skipper, who launched another media attack on the New Zealand team and its management on Thursday.

But the Team New Zealand response was moderate and positive toward the Protocol which was reported to have been labelled 'naked dictatorship' by the Italian America's Cup team.

In reality there had been little change in the team's previously announced financial position - that the current cash lines would be exhausted by the end of June, and that new avenues were required.

However for a team that is short of cash, there is a full competitive program underway with Peter Burling stepping off an ocean racer, and leading a crew in the next round of the Extreme Sailing Series. The team's skipper, Dean Barker along with Ray Davies and Glenn Ashby are off to compete in the A-class catamarans.

In the course, of the 40 minute media conference where the general media focused on the money, while the sailing media were more interested in the Protocol, Dalton thought the terms of the next America's Cup were quite workable, given that it was early days with the Protocol.

The team accepted the loss of San Francisco as a venue, but were happy with either San Diego or Chicago. Bermuda was not a preference for the team.

He was surprised to hear Oracle skipper Jimmy Spithill say that the Challengers were offered a second AC62, but declined. When questioned whether the team would push for a second boat for each of the Challengers, saying that they were probably more interested in a training partnership at the regatta or qualifier venue with another Challenger.

But he skipped over the fact that such an arrangement would be could subject to performance data and design swapping as occurred with the 34th America's Cup.

In terms of where Team New Zealand stood in regard to the US Defender, he noted that before embarking on the last America's Cup program none of the team had ever seen a wingsail, yet Oracle Team USA were embarking on their second wingsail multihulled campaign.



One of the criticisms of the Team in the past campaign was the belief that the management and Board of the team were a closed shop. In response to questioning on the relationship with the new Board, Dalton seemed to be very relaxed and confident that good progress was being made. The senior management of the team were meeting weekly with the Board. They also had an ongoing dialogue with the NZ Government.

In fact the only group they did not seem to be on speaking terms with, is the Defender Oracle Team USA, who Dalton said they had not had any direct communication. Discussions with the Challenger of Record, had lapsed a few months ago.

Helm Events 660x82North Technology - Southern SparsMackay Boats

Related Articles

America's Cup - Kiwi lodges Appeal against Jury in San Francisco Cup
Former Oracle Team USA crew member, Matthew Mitchell (NZL) has lodged an Appeal against a Decision to dismiss his case Former Oracle Team USA crew member, Matthew Mitchell (NZL) has lodged an Appeal against a Decision to dismiss his case taken against the International Jury for the 34th America's Cup in San Francisco. On October 28, 2016, US District Judge Vince Chhabria dismissed Mitchell's claim against the five-person International Jury on the basis that it was lodged too late.
Posted on 2 Dec
A Q&A with Nick Bice about the recent changes for the 2017/2018 VOR
I caught up with Nick Bice, the VOR’s director of boats and maintenance, to learn more about the VOR’s new directions. I recently had the pleasure of hearing Nick Bice, the Volvo Ocean Race’s director of boats and maintenance, deliver a keynote speech to an audience of marine-industry professionals and official Volvo Ocean Race suppliers at the 2016 METS trade show in Amsterdam. I caught up with Bice after his presentation to learn more about the new directions that the race is taking for its thirteenth edition.
Posted on 28 Nov
A Q&A with Sharon Green about the prep work that ensures great images
I talked with ace photographer Sharon Green to learn more about the prep work that goes into each image that she snaps. I caught up with ace photographer Sharon Green at the 2016 Alcatel J/70 Worlds to learn more about the behind-the-scenes preparation work that goes into each image that she snaps. While some of Green’s tips are specific to professional shooters (e.g., helicopter time or juggling multiple camera bodies), plenty of amateur lensmen will be well served to consider Green’s racecourse-proven tips.
Posted on 23 Nov
Dockside with CQS - radical, revamped supermaxi up close
The revamped supermaxi CQS is currently in Auckland's Silo Marina, ahead of her first race on Friday The revamped supermaxi CQS is currently in Auckland's Silo Marina, ahead of her first race on Friday - the White Island Race which will double as Rolex Sydney Hobart Qualifier. Originally the 90ft Nicorette designed by South African Alex Simonis, the new project to upgrade to a 100ft supermaxi has been led by Brett Bakewell-White (NZ) and Bakewell-White Yacht Design.
Posted on 22 Nov
Gladwell's Line - President Croce caught at helm in Perfect Storm
No real surprise that incumbent President Carlo Croce (ITA) was unseated mid-way an eight-year term After a year or more punctuated with issues that should not have happened, it is no real surprise that incumbent President Carlo Croce (ITA) was unseated mid-way through what should have been an eight-year term. Also gone is one of his lieutenants, Chris Atkins (GBR) as Vice President, who remarkably polled 13th out of the 15 candidates.
Posted on 15 Nov
Gladwell's Line -The America's Cup settlement deal
The 'News' today that Emirates Team New Zealand has won their case before the Arbitration Panel is not news The 'News' today that Emirates Team New Zealand has won their case before the America's Cup Arbitration Panel is not new - Sail-World reported the same story in the first and second weeks of September. The Hearing on the amount of compensation to be paid is yet to be held. So far we have been unable to discover a date if indeed one has been set. Maybe next year?
Posted on 11 Oct
Debriefing the 2016 J/70 Worlds with Winning Skipper Joel Ronning
I talked with Joel Ronning after the 2016 Alcatel J/70 Worlds to learn about his team’s win at this high-level regatta. Since its inception in 2012, the J/70 has become the most popular One Design boat in decades, with 1,100+ boats sailing in myriad countries. Some 68 boats from 15 countries arrived on San Francisco Bay last week to determine bragging rights at the 2016 Alcatel J/70 Worlds. I caught up with Joel Ronning to learn more about the Catapult team’s road to becoming the 2016 J/70 World Champions.
Posted on 5 Oct
Rio 2016 - America's Cup champ says Paralympic racing is closest ever
Twice America’s Cup champion, Rick Dodson is extremely impressed with the standard of racing in the three man Sonar Twice America’s Cup champion, Rick Dodson is extremely impressed with the standard of racing in the three man Sonar keelboat class at the 2016 Paralympics in Rio de Janeiro. The regatta is being held in Guanabara Bay on three of the courses used for the Olympic Sailing Regatta in August.
Posted on 13 Sep
Debriefing the Rio 2016 Olympics with Team USA’s Helena Scutt
I talked with Team USA’s Helena Scutt to hear about her Olympic experience, and to learn more about her post-Rio plans. The 49erFX was introduced to Olympic circles when it replaced the Women’s Match Racing event following the 2012 Games. Not surprisingly, it drew high-performance sailors for the Rio 2016 Olympics, including Team USA’s Paris Henken and Helena Scutt. While Henken and Scutt were Olympic first-timers, they put on a strong show. I caught up with Scutt to hear more about her Olympic experience.
Posted on 8 Sep
A Q&A with Peter Bresnan ONE Palma’s founder and director
Sail-World interviewed ONE Palma’s founder Peter Bresnan to learn about the company’s partnership with McConaghy Boats For the past eight years, ONE Palma (formerly OneSails Spain) has been building a strong name, first as a sailmaker and later with refit work. Recently, ONE Palma and McConaghy Boats-legendary boatbuilders who have crafted some of the planet’s fastest sailboats-entered a business partnership. I caught up with Peter Bresnan, ONE Palma’s founder and director, to learn more about this new direction.
Posted on 2 Sep