NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Sport / Sailing / America's Cup

America's Cup: Funding depends on where regatta's held - Joyce

Matthew Backhouse
By Matthew Backhouse
Assistant Chief of Staff·APNZ·
28 Sep, 2013 12:14 AM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Steven Joyce. Photo / Chris Gorman

Steven Joyce. Photo / Chris Gorman

Advertisement
Advertise with NZME.

Government funding for another America's Cup bid could depend on what sort of regatta is held and where it takes place, Economic Development Minister Steven Joyce says.

The Government stumped up $36 million for Team New Zealand's campaign in San Francisco this year, but is yet to confirm whether it would fund another tilt.

It had previously indicated funding could be dependant on Team NZ mounting a successful campaign against Oracle Team USA - a hope that was dashed in the final race on Thursday.

Mr Joyce, who returned to New Zealand from San Francisco yesterday, told TV3's The Nation this morning the Government was open to funding the team again.

"We're keen provided there's something that stacks up. You don't just write a blank cheque," he said.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

"We haven't said yes yet. There's a whole lot of variables like what sort of race is it going to be, where's it going to be, is Team New Zealand really wanting to do it again.

"There's mixed signals out of there which I think is just because they're exhausted. They've put everything into this - they just need a bit of time to get their heads together on it."

Mr Joyce said it also depended on the team's sponsors, as the Government's contribution was not the biggest by any means.

Advertisement
Advertise with NZME.

"They've made some pretty big investments, so I think everybody just needs a little bit of time."

He said the decision should not take "forever" but could be made within a few months, and possibly sooner than that.

"It also doesn't have to be done on day two, so it's a little bit of a balance."

The America's Cup was an opportunity to showcase New Zealand, and NZ Trade and Enterprise had done well to leverage off it.

Discover more

America's Cup

How Oracle won tech race (perhaps)

27 Sep 05:30 PM
America's Cup

Dana Johannsen: Heart-stopping moment signals start of real sailing

28 Sep 01:50 AM
America's Cup

Brit press: It was Ben wot won it

27 Sep 05:30 PM
New Zealand

Dotcom steps in for Govt on Cup cash

27 Sep 05:30 PM

Mr Joyce said New Zealand's marine and boat building was important but the broader high-tech industry had "really shot away" in the last decade.

Read: Cup loss a blow for boatbuilders.

"We've just got to keep promoting it. It's both a straightforward and hard-working story for New Zealand. There are some markets in the world that we must be very high profile in, so the West Coast of the US obviously a key one."

Meanwhile, television viewing figures show more than 700,000 New Zealanders tuned in to watch the final race on Thursday.

TVNZ said a record number of New Zealanders had tuned in to see the races, peaking with more than 1.2 million viewers aged over five last Saturday.

On average, more than 670,000 people - or some 80 per cent of television watchers - saw the racing on TV One from September 8 to September 26.

Advertisement
Advertise with NZME.

Viewing numbers well exceeded the audience for Team NZ's successful challenge for the America's Cup in 1995.

TVNZ head of television, Jeff Latch, said it was the first major free-to-air sports event to be offered on desktops, mobile devices and television simultaneously.

He said New Zealanders had embraced the technology in massive numbers, with more than 250,000 people watching the live racing online at its peak.

"The ability for viewers to be able to watch the racing live on their television, desktop, mobile or tablet has greatly improved the accessibility of our coverage and helped extend viewership."

Save

    Share this article

Latest from America's Cup

America's Cup

'An important step': AmCup challenger urges agreement over protocol

05 Jul 12:21 AM
Sport|athletics

Arli Liberman: The art of scoring in sport

02 Jul 06:01 AM
Sailing|sailgp

Fore the Record: Blair Tuke tees off on America's Cup and SailGP goals

01 Jul 06:01 AM

From early mornings to easy living

sponsored
Advertisement
Advertise with NZME.

Latest from America's Cup

'An important step': AmCup challenger urges agreement over protocol

'An important step': AmCup challenger urges agreement over protocol

05 Jul 12:21 AM

The French team have encouraged teams to agree on a protocol so teams can begin preparing.

Arli Liberman: The art of scoring in sport

Arli Liberman: The art of scoring in sport

02 Jul 06:01 AM
Fore the Record: Blair Tuke tees off on America's Cup and SailGP goals

Fore the Record: Blair Tuke tees off on America's Cup and SailGP goals

01 Jul 06:01 AM
Another former Team NZ sailor joins Luna Rossa for Naples campaign

Another former Team NZ sailor joins Luna Rossa for Naples campaign

22 Jun 06:00 PM
Solar bat monitors uncover secrets of Auckland’s night sky
sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP