Like an out-of-control catamaran, the America's Cup continues to cartwheel towards ever-mounting disaster.

While the nation's love affair with the ultimate all-or-nothing contest ended a decade ago, 2013 offers the chance of reconciliation.

In the wilds of Milford Sound, where cellphone reception can be sketchy, it didn't take long for the news to reach Grant Dalton.

A solid third day on San Francisco Bay for the team today. The guys are learning more and more about sailing here everyday, but perhaps the best lesson of the day was learning a new high speed which the AC72 can fly at.

Team New Zealand boss Grant Dalton is concerned rivals are using the recent tragedy involving Artemis as an opportunity to push their own agendas for the America's Cup.

The culture in NZ is, no doubt, a leading element of what has been achieved by Team NZ in bringing this catamaran campaign to its impending pinnacle, Keith Turner.

Emirates Team New Zealand has not just left the building – they’ve taken it with them. The team’s Wynyard Quarter base, home for the past three years, has been packed into more than 70 40-foot containers and is on the way to San Francisco, courtesy of team sponsor Maersk Line

The Emirates Team New Zealand yard now resembles the port of Auckland with containers coming and going and endlessly being filled. The work is non stop right now in the rush to get the base packed and on a ship to San Francisco.

Team New Zealand have damaged their wingsail - a hi-tech and expensive piece of machinery - in a dramatic launch incident in the Viaduct this afternoon. The incident occurred as the team were preparing to fit their wingsail to the platform of AC72 catamaran in gusty conditions. The 40m wing-sail needs to lifted into place by a crane - an extremely fraught process particularly when the wind picks up. It is believed the team lost control of the sail in the hoisting process, and the wing clipped the side of the main building of Emirates Team New Zealand's base. A spokesperson for Team New Zealand was not immediately available, but at this stage it is understood the damage is relatively minor.

Emirates Team New Zealand launched its second AC72 at its national headquarters in Auckland. Managing Director Grant Dalton said they would be out sailing with the new yacht later this week. He also commended his dedicated team in the commitment & hard work it took to reach the deadlines of completion.

Team New Zealand managing director Grant Dalton will wait until after this year's America's Cup before beginning the "money hunt" for the next Volvo Ocean Race.

The first of the off-water battles in 2013 has begun in the America's Cup, with Team NZ and Oracle in an unofficial race to get back on the water, writes Dana Johannsen.

Team NZ will boycott most of next year's America's Cup pre-regattas. Grant Dalton believes they are an unnecessary distraction when they should be focusing on sailing their AC72 - the boat the Louis Vuitton Cup and America's Cup will be contested in.

Just hours after wrapping up their World Series regatta in San Francisco, Team NZ was on a plane home last night hoping to be back out on the water tomorrow.