Response to AC35 venue speculation

Responding to unconfirmed reports that Bermuda had won the right to host the 35th America’s Cup, Emirates Team New Zealand CEO Grant Dalton said the team had not been told of a decision.

“We have been invited to a press conference to be held at New York on December 2 when the announcement will be made. Until then it is only media speculation.

“San Diego and Bermuda are the only potential venues left in the race so the media has a 50/50 chance of being right.

“We have developed business cases for both venues and have been in communication with potential sponsors and supporters. We have been encouraged by the positive reception we have had.

“The team awaits the official announcement and will then assess the situation and closely examine the funding model.”

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