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federal Government stops America’s Cup funding amid Team brand New Zealand research

federal Government stops America’s Cup funding amid Team brand New Zealand research

Government agency MBIE states you won’t make payments that are further America’s Cup occasions Limited since it investigates claims with regards to the Auckland occasion’s organization.

A spokesperson for Ministry of Business, Innovation and Employment said: “While Crown and Council work through this process regarding the claims made relating to the organisation of the 36th America’s Cup, we are not intending to make further payments to America’s Cup Events Limited (ACE) in a statement. (altro…)