sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : The America’s Cup: Adding up the scorecard for New Zealand Inc
The America’s Cup: Adding up the scorecard for New Zealand Inc


'Emirates Team New Zealand, NZL5 takes to the air again on its second day sailing in Auckland.'    Chris Cameron/ETNZ©    Click Here to view large photo

Emirates Team New Zealand leaves soon for San Francisco to begin the battle for the 34th America’s Cup.

The team has attracted major sponsorship from offshore; top international brands that are happy to invest large sums of money and partner with a New Zealand sports team. We are proud of that.

Emirates Team New Zealand CEO Grant Dalton. -  Chris Cameron-ETNZ©   Click Here to view large photo
Here Grant Dalton reflects on the 2013 challenge, the team’s achievements in getting where it is today and its place in the New Zealand marine industry.

• New Zealand’s America’s Cup challenges are not about sport alone. Our focus is to win the America’s Cup and bring it back to New Zealand but we are also an integral part of the New Zealand marine industry.

• The team is part of a 'strategic alliance' – the marine industry, the team, the government – which has as its objective the growth of the NZ marine industry as a source of jobs, technology and exports.

• We support specialist trades - boatbuilders, sailmakers, spar makers, riggers, electronics, hydraulics, marine engineers, and more - on which New Zealand’s international reputation as a centre of marine excellence was built.

• Team employees have paid directly $22.4 million in PAYE tax over the two years on the MedCup circuit, five Louis Vuitton Trophy regattas, The Volvo Ocean Race and the America’s Cup. This figure does not include tax paid by companies and their employees contracted to Emirates Team New Zealand to supply services and build the yachts.

• Luna Rossa was based in New Zealand only because of a technical agreement with Emirates Team New Zealand. Luna Rossa built an AC72 here, (except for the hulls which had to be built in Italy) contracting many of the same companies that were contracted by Emirates Team New Zealand.

• Emirates Team New Zealand required more than 130,000 hours of outsourced labour to build the two AC72 yachts in addition to more than 120,000 hours of labour from internal resources.

• ETNZ also contracted 13 machine and fabrication shops in New Zealand to manufacture thousands of custom parts for the AC72s.

Volvo Ocean Race runner-up Camper with Emirates Team New Zealand alongside the team’s AC45 in Auckland -  Chris Cameron-ETNZ©   Click Here to view large photo
• ETNZ has also engaged a much wider supplier network in NZ to provide many other products and services to support the AC72 build and assembly process.

• The NZ marine industry has felt the effects of the international recession and the high value of the new Zealand dollar. Reflecting this, marine exports were valued at $644 million in 2011 down from $850 million in 2008. By 2021 exports are forecast to reach $1540 million.

• Work associated with the America’s Cup (from Emirates Team New Zealand, Luna Rossa and the defender Oracle) have been a factor in many companies’ ability to retain staff in a recession.

• The team is at the leading edge of yacht design and technology, accumulating a wealth of intellectual capital dating back to Fremantle in 1987.

• The team employs designers and engineers of international repute: a priceless asset for New Zealand in a world where knowledge is paramount.

• The team has invested more than 140,000 hours in designing the two AC72 yachts we have built, and that design process is continuing.

• A mini-super computer is needed to cope with the volume of calculations required to evaluate and select the fastest design features for various aspects of the boat.

• The team takes its role as a standard bearer for the New Zealand marine industry very seriously. Every time we race, the industry’s work is under intense scrutiny from public and the media. The Louis Vuitton Cup and America’s Cup regattas represent the top of the sport. It is no place for second best.

• By performing well in high-profile regattas, the team provides invaluable publicity for the New Zealand marine industry. It also projects a positive image of New Zealand and New Zealanders.

Emirates Team New Zealand and Luna Rossa start a practice race on the Hauraki Gulf. -  Chris Cameron-ETNZ©   Click Here to view large photo
• Our design contract with Luna Rossa and the substantial Luna Rossa work secured by New Zealand companies is a product of this international image. In addition, Oracle, the America’s Cup defender, built the AC45 catamarans in New Zealand and major parts of their AC72s.

• Emirates Team New Zealand is unique. It is the only commercially funded team to have survived from Valencia 2007. By commercially funded we mean a team that derives the bulk of its income from commercial sponsorship.

• The other teams competing at San Francisco this year derive the bulk of their income from billionaire backers with minor commercial sponsorship. In fact, none has significant commercial backing.

• Times have been tough since Valencia 2007. Sponsorship has been hard to come by. What sets ETNZ apart from the other teams seeking commercial funds is the Government investment which gives us, and potential sponsors, confidence.

• Our offshore sponsors pay in Euros – money coming into New Zealand that is spent mostly in New Zealand. This money employs people and retains priceless expertise and intellectual property in New Zealand.

• In addition to our cash sponsors, a network of more than 100 companies – some large some small - provide goods and services either at no cost or heavily discounted. Without them we could not compete effectively.

• We strive to represent New Zealand well in everything we do. We know that the majority of New Zealanders take pride in our successes and feel as badly as we do when we do not succeed.

• We hope we can bring back some of the magic of 1995, 2000 and 2007 in San Francisco starting July 7.



(Footnotes: The reference to the 640 farms is the statistic that NZ Marine industry produces the exports equivalent to 640 dairy farms.

The initiative referred to is the launch of the 'Friends of NZ Marine Industry' for the network and referral of business to New Zealand, which was launched at this function.)

Emirates Teram New Zealand Chase One catamaran tender sporting four 300HP Yamaha outboards, built by Salthouse boats. -  Chris Cameron-ETNZ©   Click Here to view large photo

Emirates Team New Zealand press conference to announce their participation in the 34th America’s Cup and the signing of Nespresso as a sponsor. (L to R) Dean Barker, Richard Vaughan DSVP commercial ops Emirates Airline, Guillaume Cheneau NZ country Manager Nespresso, Bob Field Chairman Toyota New Zealand. -  Chris Cameron-ETNZ©   Click Here to view large photo


by Grant Dalton

  

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

http://www.sail-world.com/index.cfm?nid=108480

8:57 AM Tue 16 Apr 2013GMT


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

Click for further information on
2013 America's Cup
2011 Emirates Team New Zealand news

Related News Stories:

16 Apr 2013  Fisher's View: A gift horse in need - America's Cup WS, Naples - Day 1
16 Apr 2013  Artemis Racing AC72 video update
16 Apr 2013  Youth America's Cup 2013 - Zhik announces sponsorship of The Force
12 Apr 2013  America's Cup: Images of a revamped Artemis Racing in San Fran
12 Apr 2013  America's Cup: Artemis Racing Update - Three months left to LVC
11 Apr 2013  America's Cup: Artemis Racing release video on AC45 foiling
10 Apr 2013  America's Cup WS: Ben Ainslie and J.P. Morgan BAR head to Naples
10 Apr 2013  America's Cup: Luna Rossa's Max Sirena reviews their time in Auckland
09 Apr 2013  America's Cup: Emirates Team NZ starts packing for San Francisco
09 Apr 2013  America's Cup: Australia II replay of 30th win anniversary special
MORE STORIES ...






News - USA and the World

Studio Borlenghi provide some of these stunning shots from Day 1 of 2015 Rolex Swan Cup Caribbean. ... [more]  

OTUSA AC45 Turbo workout images by pressure-drop.us ... [more]  

Rolex Swan Cup Caribbean – A fleet of 21 Swan yachts, comprising an array of different models from seven different countries and territories will contest an eagerly anticipated week of action in the Virgin Gorda archipelago, the British Virgin Islands tomorrow, Wednesday 4 March. ... [more]  

Photographer Tim Wright captured some of these stunning shots at the start of the RORC Caribbean 600 and along the course at St Barths, Barbuda and Redonda. ... [more]  

Gill Commodore's Cup - Entries on the increase by St. Maarten Heineken Regatta
The Gill Commodore's Cup consists of one day of racing as a stand alone event, immediately prior to the St.Maarten Heineken Regatta and is open to all boat categories taking part in the main event (excluding the Lottery Class). This year there is a record entry with over 70 yachts expected to be taking part. Several tight windward leeward races are planned for the fast performance yachts ... [more]  

After the Volvo Ocean Race finished on Saturday night, Sail-World.com's NZ editor, Richard Gladwell caught up with Ryan Houston from Team Alvimedica. He talks about wanting to sail on a Kiwi boat in the next race - how this race compares with the others in which he has sailed - how small gains seem to be paying well - the vexed issue of AIS on tactics, and more ... [more]  

After the Volvo Ocean Race finished on Saturday night, Sail-World.com's NZ editor, Richard Gladwell caught up with Dave Swete from Team Alvimedica. A product of the RNZYS Youth Program, Swete is on his second Volvo Ocean Race. He touches on the differences between the two programs, the impact that AIS is having on the racing and plenty more ... [more]  

Sail-World.com's New Zealand Editor caught up with Race Director, Jack Lloyd on the floor of the sail-loft in the Volvo Ocean Race Boatyard. In this 15 minute interview, Lloyd gives his view of the progress made as a result of adopting the Volvo 65 One Design - with all boats having finished every leg (with one exception - Vestas Wind). ... [more]  

Volvo Ocean Race: Image gallery - Tour of the Boatyard by Richard Gladwell/Sail-World.com NZL
Yesterday Volvo Ocean Race threw open the barriers and let the media have an inside view of the Boatyard at the Viaduct Events Centre The area is open to the public (stay behind the safety barriers) where you can see the boats on the hard, and look inside the Events Centre which has been converted into a massive sail and rigging loft. ... [more]  

Artemis Racing took their development AC45 out on San Francisco Bay, yesterday. Videographer, John Navas was there to catch all the action on high resolution video. ... [more]  

The countdown to the 46th edition of the Trofeo Princesa Sofia Iberostar has begun in the bay of Palma from 28th March to 4th April. With less than a month to go until the start of the event, the regatta has already around 700 teams (667) from 59 nations representing the five continents. ... [more]  

2015 RC44 Championship Tour - With less than a month to go, eleven teams are eagerly anticipating the season-opener set to take place in Malta's renowned capital of Valletta, the historic 'City of Knights', from 25-29 March. ... [more]  

The 2015 US Grand Slam Series will take place within the month of August, beginning a couple weeks earlier and in a different order than previous editions. The Manhasset Bay Yacht Club, Bayview Yacht Club, Chicago Match Race Center, and Oakcliff Sailing organizers are pleased to announce that Requests for Invitation are being accepted now and all venues anticipate high demand. ... [more]  

A beautiful sunny Miami welcomed Star sailors to the first day of the 88th Bacardi Cup. One race is scheduled for each day of the 6-day event as part of the Bacardi Miami Sailing Week (BMSW) presented by EFG Bank. With winds around 10 knots from the East, the racing area was set about 1 ¾ miles south of Dinner Key Channel. The course is set at 95 degrees with two-mile legs, which will test sailors ... [more]  

It’s been a month since the International Paralympic Committee publicized its decision to drop sailing from the slate of sports at the Tokyo 2020 Paralympic Games. Since then ISAF has stepped up to lead the appeal for reinstatement. At US Sailing, we believe ISAF leadership is critical to our chances of overturning this decision, and we are pleased to see President Carlo Croce take this on himself ... [more]  

Top international photographer, Chris Cameron is working out of the Volvo Ocean Race Village in Auckland. ... [more]  

The first WWA Pro Card Qualifier presented by Malibu boats is set for March 22, 2015, hosted once again by Freedom Wake Park in Orlando, Florida. The WWA Pro Card events have been created to separate the top riders in the world and recognize them as elite. ... [more]  

NZ Rigging Supplied the Mast and Rigging package for Adrian Walters new Shaw 11 mtr 'Little Nico'. The mast is a High Modulus mast with internal locks on all halyards, internal mast jack, one piece Nomex cored box section boom, and composite rigging.cored box section boom, and composite rigging. ... [more]  

Barcelona World Race - As Cheminées Poujoulat climbed north out of the latitudes of the Roaring 40s and into a regime change on the east side of the South Atlantic high pressure system, leaders Bernard Stamm and Jean Le Cam are into relatively stable, quick downwind conditions which will allow them to make good miles north, ultimately to connect with the trade winds. ... [more]  

2015 Hobie 16 North American Championships September 20 to 25 at Pensacola Yacht Club. ... [more]  

Hobie Mid-Winter East - Ocean Springs Yacht Club April 10-12 2015. The regatta is open to all Hobie Cat classes ... [more]  

Choosing the northern route turned out to be a brilliant tactical decision. But not all decisions went so well. Because of one wrong gybe and changed weather patterns, Team Brunel lost its lead in less than a day. With only the Volvo Ocean Race tracker as a guide, it’s difficult for fans to understand how the Dutch team lost more than 80 nautical miles. Skipper Bouwe Bekking looks explains ... [more]  

RORC Caribbean 600 – Arguably the best fleet of offshore racing yachts that has ever gathered in the Caribbean, took part in the seventh edition of the event. 66 yachts started the 600 mile race around 11 Caribbean islands, with numerous world champions, America's Cup and Volvo Ocean Race sailors taking part with passionate Corinthian amateurs, many of whom are members of the Royal Ocean Racing Cl ... [more]  

This summer’s ‘must have’ tickets for The America’s Cup World Series, Portsmouth (ACWSUK) are officially available from Monday 2nd March. Fans and spectators are encouraged to book their place now to avoid disappointment with event organisers already receiving a large number of ticket and hospitality enquires. ... [more]  

SCYA's E.E. Manning Regatta 2015 – They had never sailed together until six months earlier when they stepped onto a boat that neither had ever sailed, but skipper Joseph Hou, 15, and crew Skylar Jacobsen, 14, squeezed out a remarkable victory Sunday in the Southern California Youth Yacht Racing Association's Shadden Series ... [more]  

Shawn Bennett of Tiburon, Calif. won the Long Beach Stop of the 2015 California Dreamin’ Series Sunday in this International Sailing Federation (ISAF) Grade three match racing regatta hosted by Long Beach Yacht Club and raced on the Long Beach Sailing Foundation’s fleet of Catalina 37s. ... [more]  

Sitting here in Antigua airport waiting for my flight back to London, life is good having just blasted across the Atlantic in just under nine and a half days on board the new Phaedo3 MOD 70, one of the fastest sailing boats 'in the world'... ... [more]  

In November of 1994 Yachting Magazine consultant Gary Jobson asked Peter Craig, 'how hard can it be? Just raise some flags and blow off some guns.' And so began Craig's involvement in what was then a 112 boat - single division regatta that would soon evolve into an iconic annual international keelboat event. Yachting Magazine founded Key West Race Week in 1987. ... [more]  

Serious Fun! That's what participants, sponsors and onlookers are expected to have during the 35th St. Maarten Heineken Regatta which will be held in St. Maarten during March 05 - 08, 2015. The Regatta is considered to be the biggest in the Caribbean and offers a great combination of challenging races and fantastic gatherings under the banner of 'Serious Fun'! ... [more]  

Barcelona World Race – After the limits of the southern oceans imposed by the combination of the weather systems and the safety barrier of the Antarctic Exclusion Zone, the Atlantic is opening up for the top trio. ... [more]  

Images from Auckland of the media conference on Sunday and prizegivings for Leg 4 ... [more]  

At the media conference held the morning after the finish of leg 4 of the Volvo Ocean Race, Mapfre skipper Xabi Fernandez announced that regular skipper Iker Martinez will be back on board for the next leg and most of the remainder of the race. Fernandez had taken over the role, skippering Mapfre to a 4th place on Leg 3 and a win on Leg 4. ... [more]  

Miami Sailing Week (BMSW) presented by EFG Bank will kick off with 173 boats traveling to Coconut Grove to compete in the 88th Bacardi Cup ... [more]  

Volvo Ocean Race: Leg 4 finishes at night after a tense day *Feature
Farr 40 International Circuit - Plenty team hungry for more
Coast Guard continues search for San Diego sailor
Sonar Class has a new builder for Sonar
Rio officials probe source of fish die-off in Olympic waters
St. Maarten Heineken Regatta - An island-wide effort
Volvo Ocean Race: Images ashore after Leg 4
Volvo Ocean Race: Images from the finish of Leg 4
Volvo Ocean Race-Brasileiro ajuda barco espanhol a vencer quarta etapa
RYA Suzuki Dinghy Show - a British tradition
Eight minutes between Podium players as Spanish win VOR leg 4
Volvo Ocean Race - Leg 4 - fleet arrives in Auckland and the winner is
Volvo Ocean Race - Leg 4 - the fleet approaches Auckland
Volvo Ocean Race - Less than 10 miles to Auckland finish
2015 RORC Caribbean 600 - Third time lucky for happy Hap
Volvo Ocean Race: Leg 4 Finish - Auckland - Live Video and Updates
Barcelona World Race - Neutrogena crosses Cape Horn with 40 knots wind
St. Maarten Heineken Regatta - Natty Rico will close the final night
Barcelona World Race - At Cape Horn memories are made. and recalled
Big winds for SCYA Manning Regatta at ABY Club
Hutchinson and Roble honored at US Sailing’s Rolex Awards ceremony   
Finn World Masters Championships 2015 - Pre registration open   
Registration for the 2015 Finn European Championship is live!   
RORC Caribbean 600, day 4 – Classic Focus and Four Figaro II teams   
Hutchinson, Roble honored in New York as Best of 2014   
Barcelona World Race - Pedestrian Pacific, Atlantic highway to home   
America's Cup: Artemis Racing lines up against Oracle Team USA - Video   
High Performance Yacht Design conference during Volvo OR stopover   
Volvo Ocean Race: Ryan Houston - How Alvimedica's chemistry works *Feature   
Volvo Ocean Race: Dave Swete - Alvimedica's race so far *Feature   
Volvo Ocean Race 2015 – No sleep until Auckland   
Etchells NA Midwinter East Series - Schoonmaker Cup preview   
RORC Caribbean 600 day 4 – Close competition – 43 yachts still racing   
Volvo Ocean Race: Team Alvimedica hopes to use Coastal Classic tricks *Feature   
AC45 Turbo Training - Oracle Team USA images by pressure-drop + Video   
America's Cup: Emirates Team New Zealand gears up on less money *Feature   
Volvo Ocean Race – The race tightens as New Zealand looms   
AWT Goya Pro Cabo Verde kicks off in style!   
Barcelona World Race - Two different worlds separated by Cape Horn   
America's Cup: Barker offered non-sailing role by Emirates team NZ   


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
LocalAds   DE  ES  FR  IT