sail-world.com
 
 
News Home Video Gallery Photo Gallery
Sail-World.com : America's Cup: Emirates Team NZ comments on funds injection
America's Cup: Emirates Team NZ comments on funds injection


'Oracle Team USA vs Emirates Team New Zealand, Race Day 15'    © ACEA / Ricardo Pinto

Emirates Team New Zealand today welcomed an interim Government investment of $5 million towards the team’s challenge for the 35th America’s Cup.

Economic Development Minister Steven Joyce said the bridging funding would enable the team to retain designers, sailors, support crew and administration for the next challenge.

Managing director Grant Dalton said the team was working on the challenge almost from the last race day in San Francisco. 'The extent of the enthusiastic reception when we arrived back in New Zealand was both unexpected and encouraging and an incentive to challenge again.

'We have been talking informally to existing and potential sponsors. We will begin to develop a business plan and sponsorship proposals so that we can start calling on them from next month.'

He said the team, and sponsors, looked forward to the announcement of the rules for the 35th America’s Cup early in the New Year.

'Decisions by Oracle on venue, dates and class of yacht are fundamental to the way ahead.'

Emirates Team NZ sailing crew - 34th America’s Cup -  Chris Cameron-ETNZ©   Click Here to view large photo


by Emirates Team NZ Media

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=115930

6:11 AM Mon 21 Oct 2013GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
2016-2017 America's Cup

Related News Stories:

21 Oct 2013  America's Cup: NZ Govt backs Team NZ with limited funding
07 Oct 2013  America's Cup 35 - Challengers of Record first press conference
06 Oct 2013  35th America’s Cup - Names to look for as teams start assembling
02 Oct 2013  America's Cup: Dean Barker interviewed on Campbell Live
02 Oct 2013  America's Cup: Emirates Team NZ pleased to have Aussies on board
02 Oct 2013  America's Cup: Hamilton Island confirmed as next Challenger of Record
02 Oct 2013  America's Cup: Hamilton Island Yacht Club confirmed as Challenger
02 Oct 2013  A toast to Robert Oatley






News - USA and the World

America's Cup: Expected de Ridder penalty should be reduced *Feature by Richard Gladwell/Sail-World.com/nz, Auckland, NZ


HUD Vision: An interview with Afterguard Marine’s Alex Moret by David Schmidt, Sail-World USA Editor, Seattle




























Congressional Cup - Victory for Taylor Canfield and crew by Rich Roberts (As Amended by ISAF),




2014 Halifax – Saint-Pierre Ocean Race by Patricia Nelder, Nova Scotia














Image Gallery: Stratis SL33 flies on the Waitemata by Richard Gladwell,Sail-world.com/nz,


Audi Melges 20- Sperry Topsider Charleston Race Week - Light final day by International Audi Melges 20 Class Association,
















America's Cup: Gino Morrelli outlines the new AC62 design
Doyle Sails New Zealand signs Andrew Brown as One Design Manager
America's Cup: Dean Barker's Blog - A sail with the Duke and Duchess *Feature
29er World Youth Sailing Week Easter regatta - Day 1 and 2 overall
C Thomas Clagett Jr Memorial Clinic/Regatta - Entries start to roll in
50th Congressional Cup: See the delayed coverage and media conferences
Clipper Race 10 Day 27: Closing stages - Qingdao to San Francisco
Canfield, Williams, Bruni, Swinton in Congressional Cup final four
Sperry Top-Sider Charleston Race Week - Day 2
Audi Melges 20 Charleston Race Week - Perfect conditions in Charleston
Oyster Regatta Antigua - Full on ocean conditions for day 3
PWA World Tour - A taste of things to come at La Torche + Video
Women's International Match Racing Series kicks off in June
Melges 32 Audi Tron Sailing Series - Action shots by Max Ranchi
Clipper Round the World Yacht Race - Frustrating conditions
Man rescued after falling overboard in Pacific taken to hospital
Sperry Top-Sider Charleston Race Week 2014 - Youth leading Melges 20
Congressional Cup - Canfield leads toward Congressional Cup sailoffs
Sperry Top-Sider Charleston Race Week 2014 - Perfection for Day 1
America's Cup: Coutts claims ISAF Jury on a crusade, backs Kiwi report *Feature
Clipper Round the World Yacht Race - Will light winds hamper progress?   
Les Voiles de St. Barth - Preparing to rock Saint Barthélemy waters   
Clipper Round the World Race - OneDLL and Qingdao now in San Francisco   
America's Cup: Emirates Team NZ up against funding hurdle for year *Feature   
Melges 32 Sailing Series Napoli - Day 1 images by Stefano Gattini   
50th Congressional Cup: View the Live racing here   
Melges 32 Sailing Series - Napoli action shots by Max Ranchi   
Volvo Ocean Race - Team Alvimedica launch new boat   
Emirates Team NZ: Royals duke it out on the Waitemata   
2014 Charleston Race Week - Thousands of sailors descend on Charleston   
The Congressional Cup 2014 - Williams hangs on with a classy crowd   
50th Congressional Cup: View the Live racing here   
RORC Transatlantic Race - Notice of Race now available   
Oyster Regatta Antigua - Sunshine and smiles on day 2   
Rolex China Sea Race on the horizon   
What can a boat name tell you about the person behind the helm?   
Clipper Round the World Yacht Race - Race 10 rumbles on   
SAP 5O5 World Championship - Kiel action starts August 13th   
Volvo Ocean Race - It's a family Affair   
Clipper Round the World Race - Great Britain claims line honours   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US