Please select your home edition
Edition
Gul 2020 LEADERBOARD

New America's Cup Minister describes Dalton as a "man of integrity"

by Richard Gladwell/Sail-World.com/nz 12 Nov 2020 14:53 PST 13 November 2020
Te Aihe, Emirates Team New Zealand - October 05, 2020 - Waitemata Harbour - America's Cup 36 © Richard Gladwell / Sail-World.com

The new Minister for Economic Development, and responsible for the America's Cup has defended the two key players in Emirates Team New Zealand and its event arm America's Cup Event Ltd - Grant Dalton and Sir Stephen Tindall.

In an interview Thursday morning (NZT) on the top rating breakfast show on NewstalkZB, the Hon Stuart Nash described ETNZ/ACE CEO Grant Dalton as a "man of integrity"

"The fact that Sir Stephen Tindall is involved gives me confidence that things are run well within the America's Cup and America's Cup Event Ltd," he added.

The new Minister in the Labour Government, which was recently re-elected in a landslide, says he did not believe claims in one of the three sets of papers released on Tuesday that the Ministry, for which he is now responsible had actively tried to have Dalton replaced as CEO of America's Cup Event Ltd.

In the interview the Minister was placed in the awkward position of having to defend the indefensible past history within his new portfolio and department, which ETNZ/ACE claim to have not acted in good faith in its relationship with the America's Cup champions, and rights holders for the event.

He also refused to discredit Dalton, ETNZ/ACE, but on the contrary was very definite in his support of both the CEO and ETNZ Chairman.

Nash's predecessor was ranked #4 in the then Coalition Government lineup, but was dumped to 23rd position and is outside the 20 member Cabinet. He is widely regarded as having under performed in several key areas. Nash's comments represent a 180 degree turn from those of his predecessor.

Nash repeated the comment, and supported by his Opposition co-interviewee Mark Mitchell, that those that accept public money are accountable for the spending of the funds and transparency of their business activities.

He said repeatedly that the disputes between ETNZ and ACE with MBIE will be the settled by Mediation using a process, jointly agreed by the parties, and that does not involve the Court system.

Those two matters of dispute involve the charge to ACE by ETNZ of $NZ3million ($US2.25m) to develop, and test by simulation, the complex class rule for the new AC75, and whether MBIE and Auckland Council have acted in good faith to ETNZ/ACE as required by the Host Venue Agreement to which all four parties are signatories.

The Mediation will take place next month in December 2020.

Related Articles

America's Cup: NZ Govt confirm $100m declined
Kiwi Government confirm ETNZ Board has said "Thanks, but no thanks". The Minister responsible for the America's Cup has confirmed the joint Crown-Auckland Council offer to host the next regatta has been declined by the Board of Team New Zealand. Posted on 15 Jun
America's Cup: Steady hand on helm at Briefing
“The writing is on the wall” for a Cup defence in Auckland - reaction from RNZYS Members Briefing The America's Cup briefing for Royal New Zealand Yacht Squadron members only, turned into a rather low-key affair, with no major announcements. Posted on 15 Jun
America's Cup set to go offshore until COVID fades
A traditional America's Cup defence is not expected to be conducted in Auckland until COVID fades On Thursday, the 90 days "good faith" negotiation period ends for Auckland to be Host Venue of the 37th America's Cup. The outcome is expected to be that a traditional America's Cup defence will not be conducted in Auckland. Posted on 15 Jun
Team NZ Board Chair hits back at fake media claims
Tindall responds angrily to claims he is offside with the team's plans for its fourth Cup Defence. Sir Stephen Tindall, the recently resigned Chairman of the Board of Team New Zealand has responded angrily to media claims that his retirement is "proof positive" he is offside with the team's plans to go offshore for its fourth Cup Defence. Posted on 14 Jun
Suzanne McFadden wins supreme sports award
Suzanne McFadden has been instrumental in the upsurge in coverage of women's sport Leading America's Cup correspondent, Suzanne McFadden has been instrumental in the upsurge in coverage of women's sport in this country and was recently named New Zealand sport journalist of the year. She looks back at her career in this podcast with YNZ. Posted on 14 Jun
Brad Butterworth on winning four America's Cups
Shirley Robertson's talks with one of the most successful tacticians of the modern era From the America's Cup to the Whitbread, the Admirals Cup to the Sydney Hobart, NZ's Brad Butterworth has been at the sharp end of competitive sailing for his entire adult life, and has a grand prix sailing CV few could match. Posted on 9 Jun
America's Cup: Board Chairman Tindall exits ETNZ
Sir Stephen Tindall is retiring as Chairman and Director of the Board of Emirates Team Sir Stephen Tindall is retiring as Chairman and Director of the Board of Emirates Team New Zealand after a long and successful tenure as Director of the four times America's Cup winning team. Posted on 4 Jun
Cup holders tightlipped on $100m package rejection
Emirates Team NZ have refused to comment specifically on media reports of a $100million package clai Emirates Team NZ have refused to comment specifically on media reports of a $100million package claimed to have been rejected by the team. In a later story the Auckland Mayor has elaborated on the previously unattributed claims. Posted on 2 Jun
America's Cup: PJ on 50 years of commentary
PJ Montgomery has commentated all the major yachting events involving NZ the last 50 years Peter Montgomery is known internationally as the Voice of the America's Cup. He has commentated on the last 13 editions, starting in 1980, of the America's Cup including live commentary on every America's Cup race in which New Zealand has competed. Posted on 24 May
America's Cup: Defender rebuffs NYYC overtures
The America's Cup Defenders and Challenger of Record have rebuffed NYYC's Challenge Unsurprisingly, the America's Cup Defenders, along with the Challenger of Record, have rebuffed the surprise Challenge lodged by the New York Yacht Club, on May 6, and announced earlier today. Posted on 9 May
Zhik2021-OFS700Competition-FOOTERHighfield Boats - SW - FOOTERSea Sure 2021 - FLO - FOOTER