Please select your home edition
Edition
Southern Spars

Yachting receives funding boost of over $1million for Rio Olympics

by Richard Gladwell on 18 Dec 2012
Jo Aleh and Olivia Powrie acknowledge the crowd after their 2012 Olympic Gold Medal © Richard Gladwell www.photosport.co.nz

High Performance Sport NZ has announced a that Yachting New Zealand's High Performance Program has received a funding boost of $1.1million for the period 2013-2016.

Previously Yachting was one of the 'Top Six' sports funded by HPSNZ (previously known as SPARC), in the new funding round the sport has been lifted to one of three 'Tier 1' sports, largely on the back of the 2012 Olympic performance.

The other two sports are Rowing and Bike (Cycling).

All three Tier 1 sports have won medals at both the 2008 and 2012 Olympics, with Bike winning a total of five medals in 2008 and 2012, Rowing eight medals and Yachting three medals.

The other two sports have also seen their funding increased with Bike getting a boost of $300,000 over the four year period, their funding is only guaranteed for two years.

Yachting received a boost of $1.1million lifting from $10.2million to $11.2million, and with the funding guaranteed for four years.

Rowing received a boost of $2.4million going from $16.010million to $18.4million, also with a four year guarantee on funding.

SPARC/HPSNZ had an original target of 10 medals for the 2012 Olympics, with New Zealand athletes winning 13 medals. For the 2016 Olympics, the target has been revised to 14 medals.

No targets have been set for individual sports, however in the 2008 and 2012 Olympic cycle yachting was on a points system where a Bronze equated to 1 pt and and a Gold 3pts. the 2012 target was 4pts, which was exceeded with the Gold medal in the Women 470 and the Silver in the Mens 49er. The 2016 target is expected to be similar to 2012.

Given that the existing medal winners continue for Rio de Janerio in 2016, the Olympic medal count could increase to five, with very strong performances expected in the Womens 470, the Mens 49er, Mens Laser, Womens 49erFX and Mens 470.

Yachting is expected to put together a strong program for the 2016 Olympics, with sailors capable of being selected in all ten events. Criteria for selection in the NZ Olympic Yachting team in 2008 and 2012 has been on the basis of being capable of winning a medal in their chosen event.

Sport UK have also announced their funding allocations for the 2013-2016 Olympic cycle with Yachting receiving UKP24.5million or NZD 47.3million and with a further UKP2.8million (NZD5.3million) for Paralympic Sailing. The British medla targets are not known, but are expected to be similar to 2012 where they won five medals.

On this basis the British are spending NZD9.46million per medal compared to New Zealand's NZD5.6million per medal (assuming targets of five medals for GBR and two medals for NZL in 2016) .
North Technology - Southern SparsPredictWind.comMackay Boats

Related Articles

Gold Medalists Burling and Tuke named NZ Team of the Year
Peter Burling and Blair Tuke have won the Team of the Year Award at the 54th Halberg Awards Peter Burling and Blair Tuke have won the Team of the Year Award at the 54th Halberg Awards, held at Vector Arena in Auckland last night. Named after Olympic champion Sir Murray Halberg (ONZ) the Halberg Awards is the country's pre-eminent event to honour and celebrate New Zealand sporting excellence.
Posted on 10 Feb
470 class - Double Olympic medalist announces retirement
Polly Powrie, half of one of the most successful teams in New Zealand sailing history, has retired from Olympic yachting Polly Powrie, half of one of the most successful teams in New Zealand sailing history, has retired from Olympic yachting. Powrie and Jo Aleh, colloquially known as Team Jolly, first teamed up in the women’s 470 in 2009 and established an impressive record in their time together, winning gold at the 2012 London Olympics and backing that up with silver at last year's Rio Games.
Posted on 6 Jan
Sydney supermaxi sets monohull record in White Island Race
The Sydney based supermaxi CQS has set a new record for monohulls in the 320nm White Island Race. The Sydney based supermaxi CQS has set a new record for monohulls, but missed the allcomers record by less than an hour, in the 320nm White Island Race. After the race start just after 10.00am on Friday, CQS reported she was about to round White Island around 6.30pm having taken 8hrs 30 minutes for the 160nm leg or an average speed of around 19kts.
Posted on 26 Nov 2016
Images of radical supermaxi CQS sailing on the Waitemata
Ludde Ingvall’s revamped supermaxi, CQS, was trialling on the Waitemata Harbour today Ludde Ingvall’s revamped supermaxi, CQS, was trialling on the Waitemata Harbour today in a moderate south westerly breeze and sunshine - a welcome break from the strong winds that have plagued Auckland for the past few days. The supermaxi which started life as the 90ft Nicorette has been stretched to 98ft in a design project led by Bakewell-White Yacht Design
Posted on 18 Nov 2016
Gladwell's Line - Oh, and by the way we won a million dollars
Sailing history has been made by a New Zealand crew in winning the richest prize ever offered in sailing July 11, 2016 - Sailing history has been made by the New Zealand crew of Phil Robertson, Stu Dodson, Will Tiller and James Wierzbowski in winning the richest prize ever offered in sailing - $US1million (NZD $1.37m), with their nail-biting win in the World Match Racing Championships in Sweden.
Posted on 14 Jul 2016
Rio 2016 - Yachting New Zealand defends Olympic selection practices
Yachting New Zealand has responded to wide-spread international criticism of its selection practices Yachting New Zealand has responded to wide-spread international criticism of its selection practices and criticism by the Chairman of the NZ Sports Disputes Tribunal, Sir Bruce Robertson of the way it treated two Olympic sailors after they had qualified New Zealand for the 2016 Olympic sailing regatta at the ISAF World Sailing Championships in santander in September 2014.
Posted on 9 Jun 2016
Gladwell's Line - Olympic Appeal over in NZ but hotting up in Oz
The 2016 New Zealand Olympic selection process came to an end on Monday night in Auckland The 2016 New Zealand Olympic selection process came to an end on Monday night in Auckland with the announcement at the end of a Mediation Hearing by the Chairman of the Sports Disputes Tribunal, Sir Bruce Robertson, that he would not overturn the two non-selection decisions by Yachting New Zealand.
Posted on 2 Jun 2016
Rio 2016 - Murdoch confirms that he won't Appeal tight selection call
Double Olympian Andrew Murdoch has confirmed that he will not Appeal the decision of the Yachting New Zealand selectors Double Olympian Andrew Murdoch has confirmed that he will not Appeal the decision of the Yachting New Zealand selectors who gave the nod for Rio 2016 to Josh Junior, who will be on his first Olympic regatta. 'I don't think I would get a result in my favour out of the back end of it,' Murdoch told Radio Sport. ït would also hinder Josh's preparation as well.'
Posted on 12 May 2016
Olympic board sailor lashes out as Spanish hope for Olympic windfall
2012 Olympian JP Tobin has hit out at Yachting New Zealand's selection policy for Rio 2012 Olympian JP Tobin has hit out at Yachting New Zealand's selection policy for Rio that has left the boardsailing classes vacant for August's Games, according to a story published on the stuff.co.nz website. The online news arm of Fairfax media has picked up comments from Tobin's Facebook page.
Posted on 12 May 2016
Rio 2016 - Yachting NZ fails to nominate in three Qualified Classes
Yachting NZ have only nominated two sailors in a second tranche of 2016 Olympic selections for five qualified places. Yachting New Zealand have only nominated two sailors in a second tranche of 2016 Olympic selections for five qualified places. Two singlehanded sailors have been added to the Kiwi Olympic team in the two Mens singlehanded classes - the Finn and Laser. Appeals are being lodged today by two sailors in the Womens events.
Posted on 10 May 2016