In this time, the team have had comfort in the level of private support and have been working with Tātaki Auckland Unlimited who have been proactively spearheading the bid. So, it is with both disappointment and understanding to hear MBIE and Central Government have decided not to back the 38th America’s Cup in Auckland in 2027. While the significant economic benefits of hosting the America’s Cup and other major events are well proven, such as €1.034b ($1.9b NZD) of economic benefits in Barcelona in 2024, we understand there are other priorities for the New Zealand Government right now.
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STATEMENT FROM EMIRATES TEAM NEW ZEALAND ON AUCKLAND HOSTING OF 38TH AMERICA’S CUP
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