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It was not unexpected for New Zealand to successfully defend in the 36th America’s Cup, but it was not expected for the Kiwi team to put out to bid the 37th edition. However, the tradition of the defense occurring within its club’s borders is being countered in modern times with the finances to host and defend.
Here’s an excerpt from a statement released by team leader Grant Dalton:
So today, 17 August 2021 – being five months since we won the 36th Americas Cup and just one month from the Venue Announcement of the 37th America’s Cup – I think it’s a good time for an update.
I’ve heard it said that: ‘Emirates Team New Zealand would be better losing the 37th America’s Cup in New Zealand, than winning it offshore.’ Of course these are comments that come from outside the team and one expects from people with some sort of vested interest. I still find it astonishing that anyone would expect such a team as ours to set themselves up to lose…
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