Team France told the Herald today suspicions over whether Oracle had spoken to Team France about providing assistance were "false and unfounded".
Team France also said it did not request any financial compensation from Team New Zealand.
The syndicate confirmed it had fielded an approach from Team New Zealand chief operating officer Kevin Shoebridge - not team boss Grant Dalton as reported in the Weekend Herald.
It stated ongoing testing and sponsorship commitments, as well as a desire to be impartial during the challenger series finals, were behind the decision not to help Team New Zealand.
"We were still sailing after being eliminated to pursue our training and fulfil sponsoring opportunities for the 36th America's cup," Team France said.
"Therefore, having no spare parts on site, this would have compromised our plans.
"By agreement with our sponsor, who owns our material and our boat, we did not want to favour Team New Zealand over Land Rover BAR in the semifinals. Team New Zealand expressed their opposition to the other team's vision for a certain stability towards AC36. Team France being 100 per cent commercially funded and without private investors, this strategy was vital to protect the potential future of the team."
The Weekend Herald sought comment from Team France last Thursday. Their response came today.