XXXIe America's Cup

 Grant Dalton to head Team NZ (04/23/03)
 (source : Stuff.co.nz)

Yachting legend Grant Dalton is expected to be named as Team New Zealand's managing director today.

The former round-the-world yachtsman has been touted as a contender after the team's disastrous 5-0 loss in the America's Cup to Swiss team Alinghi in February. An announcement will be made at the Royal New Zealand Yacht Squadron in Auckland this morning.

Dalton, 45, could not be reached for comment last night. However, supporters have indicated he has the skills for the new position, which takes overall responsibility for the team.

Earlier this month, former manager of New Zealand's Olympic yachting team Rod Slater said: "My experience of watching Grant Dalton putting campaigns together is he has got what it takes."

Dalton's first round-the-world race was in the 1981-82 Whitbread. He won the 1993-94 event on the yacht Endeavour. m
 

 Team NZ move to protect assets (04/01/03)
 (source : NZoom)

Team New Zealand announced plans on Tuesday afternoon to re-sign key personnel, whose contracts expired on Monday evening, for up to a further six months, while they decide whether to mount a challenge for the next America's Cup.

They plan to complete a feasibility study on a 2007 challenge by October this year, but have a commitment from syndicate head Tom Schnackenberg if a New Zealand challenge goes ahead.

"We are determined to never again be as vulnerable as we were in 2000 to defections", said Team New Zealand chairman Ralph Norris. "We regard the commitment by Tom to be part of any future challenge to be critical, and he will be the nucleus of any 2007 Team New Zealand."

The $5.6 million received from the New Zealand government in early March will be used to underwrite the salaries of an extended group of core team members.

"The seeding finance from the Government will be treated as a loan until a decision is made to challenge, and the sale of assets will cover repayment in the event we do not challenge," wrote Norris.

They are also seeking to appoint a Managing Director to take on overall responsibility for the syndicate and a Director of Sailing to lead the sailing group and control the boat design process. However, until the future contracts are signed the identities will be kept confidential.

Over the last month the Kiwi syndicate have completed an internal review of their dismal performance in the 2003 America's Cup. And they vow to complete a review with sponsors and external business partners by the end of April.

"We believe we have pinpointed answers to the questions all New Zealanders are asking regarding our 5-0 loss," Norris said. They will not yet reveal exactly what those answers are, but say they lie within the team, rather than any funding or construction errors.

"While we will in the future discuss the reasons identified by the report, there may be intellectual property we may wish to keep confidential if we believe that releasing this information may assist other syndicates."

It's believes skipper Dean Barker is currently overseas trying to secure funding.

"Our present view is that if we were to mount a challenge we would only be successful with a significantly increased budget funded by global corporates," wrote Norris. "And that given the improvements we anticipate need to be made, we would need a boat design, sail and sailing team package greatly superior to that of any syndicate that competed in the 2003 regatta."
 

 Team NZ delay announcement (03/31/03)
 (source : NZoom)

As of Monday evening the contracts binding members to Team New Zealand's 2003 campaign expired.

After losing 5-nil to Switzerland-based Alinghi in the America's Cup series the New Zealand syndicate have gone to ground, dedicating numerous hours to reviewing what went wrong.

The team gathered at the Halsey Street base on Monday for a special meeting to outline their future.

Team New Zealand chairman Ralph Norris declined to comment after the meeting, but said a public announcement will be made on Tuesday.
 

 Team NZ is expected to announce a challenge (03/30/03)
 (source : Sunday Star on Stuff.co.nz)

Former defender is expected to announce tomorrow that it is pushing ahead with a challenge for the 2007 regatta in Europe, despite few commitments from sponsors.

The internal inquiry into Team New Zealand losing the cup to Swiss syndicate Alinghi is said to have been "honest and brutal".

One of the criticisms has been the lack of a strong central figure like the late Sir Peter Blake. Round-the-world winner Dalton is seen to be from a similar mould and he has been approached by Team New Zealand trustees Peter Menzies and Ralph Norris.

"A job like that is a huge challenge and as a passionate Kiwi it's hard to say no to a challenge," said Dalton. "I am interested but it all depends on terms and conditions. I understand Team New Zealand is keen to challenge."

Dalton said there was a need to get things rolling quickly.

"Things that happen now will decide how 2007 pans out. I don't believe it's as desperate as 2000 when huge chequebooks were waved around to get our best sailors. But we can't afford to lose key people again".

"It's a catch 22 situation at the moment - people won't commit money without a team and direction but it's hard to commit a team without funding".

"I see it similar to 1992 when out of the ashes of defeat rose a phoenix that went on to win and defend the Cup. We have the skill to do that again."

Dalton's strengths go beyond his sailing ability. He has a good understanding of design, knows how to organise a campaign and, importantly, has strong contacts overseas at a time when Team New Zealand funding is likely to be built around offshore sponsorship.

"Getting the America's Cup back is one of the biggest issues facing New Zealand sport and industry," he said.

A challenge in Europe will be expensive. It's understands major sponsor SAP, one of the world's biggest e-solutions providers, has indicated a willingness to stay involved.

Team New Zealand met with its family of five sponsors last week and Executive director Tony Thomas is heading to Europe seeking sponsorship opportunities there.

There will also be an increased government investment, perhaps backing the campaign on a $1 for every $2 raised by Team New Zealand.
 

 Grant Dalton offers to head Team NZ (03/29/03)
 (source : NZ City)

Round the world veteran Grant Dalton has made it clear he is available to head the syndicate if it challenges for the America's Cup again.

Dalton says it would be a great challenge and one that would be hard to turn down if offered.

Grant Dalton says Team New Zealand looks to be in a holding pattern at the moment, and they need to establish what direction they will take for the next campaign.

 

 No expulsion for Coutts & Butterworth (03/28/03)
 (source : XTRA)

Russell Coutts and Brad Butterworth will remain in the Royal New Zealand Yacht Squadron, as a move to have the pair expelled is tossed out.

The squadron's committee spent about half an hour considering a complaint from life member and waterfront businessman John Street who asked the club, which holds the America's Cup, to consider expelling the pair for "taking information with them that has gone to another syndicate".

More, h
e alleged Coutts and Butterworth had broken a club rule because their conduct had been "injurious to the character or interests of the squadron".

Butterworth said that he he was proud to be a member of the squadron and he would be "horrified" by any attempt to revoke his membership.

Commodore Bill Endean says the complaint was dismissed because there was insufficient evidence to justify expulsion.

He says the complaint was that they had taken their skill and knowledge out of New Zealand to support another syndicate. The committee voted unanimously that they are entitled to do so.

 

 Dennis Conner to sail Black boats? (03/16/03)
 (source : NZ City)

Dennis Conner is not ruling out the possibility of sailing for a future Team New Zealand America's Cup bid.

Conner says he was disappointed with the performance of the black boats during the America's Cup and wonders why no-one has been held accountable. He says he wants to help.

Conner has bought some land in New Zealand and there is a possibility he may be interested in racing for a kiwi syndicate.

Conner says never say never, but his involvement in another America's Cup campaign, for Stars and Stripes or Team New Zealand, depends on whether funding can be found.
 

 Questions and critics about the public grant (03/07/03)
 (source : NZ Herald)

Political parties and other sporting groups questioned why millions of dollars of public money had been awarded to the America's Cup team when other sports were struggling for money.

New Zealand Olympic Committee president John Davies said he was surprised Team NZ had not themselves budgeted to keep crew.

Yachtsman Chris Dickson, who set up and funded his own New Zealand challenge eight years ago, said he hoped Team NZ would be accountable for any public money they received.

The $5.6 million contribution matches the amount the Government injected into the team three years ago. It also compares with the $15 million in direct Government funding available to Sport and Recreation New Zealand. About one-third of that money is spent on elite sport.

No direct Government funding is available for the Olympic Committee, or the All Blacks, who are also expected to be raided by overseas clubs after this year's Rugby World Cup.

Auckland City Missioner Diane Robertson says that money would be better spent trying to combat serious social problems such as children who live in poverty and ill health. She says her feelings might be different if the Cup was still in New Zealand.

Former Labour MP and All Black Chris Laidlaw said he felt "very uneasy" about the public grant.

"There are all sorts of demands on a government's resources", he said. "Payments to retain people at the top end of the sports market is not my idea of money well spent. It's messy. I don't like the precedent."

Mr Davies said all New Zealand sports should be treated equally because, overseas, all sport helped the country.

Team NZ yesterday picked up their first commercial sponsor if a new campaign is launched; their second-biggest funder, the Line 7 clothing company, is promising to back the syndicate again.

Line 7 Managing Director Ross Munro says Line 7 pump around 10 million dollars into the team over the last decade.

He says Line 7 is developing a European market for its products, and Team New Zealand's presence in a challenge in the Mediterranean will help with that.

Deab Barker said none of the leadership of Team NZ, including himself, had been recontracted. A decision on whether the team would challenge for the cup, expected to be sailed in 2007, would be made after an internal review of their failed campaign.