Please select your home edition
Edition
Marlow 2020 Blue Ocean Doublebraid - LEADERBOARD
Product Feature
Barton Marine D0550 Clutch
Barton Marine D0550 Clutch

New America's Cup Minister describes Dalton as a "man of integrity"

by Richard Gladwell/Sail-World.com/nz 12 Nov 22:53 GMT 13 November 2020
Te Aihe, Emirates Team New Zealand - October 05, 2020 - Waitemata Harbour - America's Cup 36 © Richard Gladwell / Sail-World.com

The new Minister for Economic Development, and responsible for the America's Cup has defended the two key players in Emirates Team New Zealand and its event arm America's Cup Event Ltd - Grant Dalton and Sir Stephen Tindall.

In an interview Thursday morning (NZT) on the top rating breakfast show on NewstalkZB, the Hon Stuart Nash described ETNZ/ACE CEO Grant Dalton as a "man of integrity"

"The fact that Sir Stephen Tindall is involved gives me confidence that things are run well within the America's Cup and America's Cup Event Ltd," he added.

The new Minister in the Labour Government, which was recently re-elected in a landslide, says he did not believe claims in one of the three sets of papers released on Tuesday that the Ministry, for which he is now responsible had actively tried to have Dalton replaced as CEO of America's Cup Event Ltd.

In the interview the Minister was placed in the awkward position of having to defend the indefensible past history within his new portfolio and department, which ETNZ/ACE claim to have not acted in good faith in its relationship with the America's Cup champions, and rights holders for the event.

He also refused to discredit Dalton, ETNZ/ACE, but on the contrary was very definite in his support of both the CEO and ETNZ Chairman.

Nash's predecessor was ranked #4 in the then Coalition Government lineup, but was dumped to 23rd position and is outside the 20 member Cabinet. He is widely regarded as having under performed in several key areas. Nash's comments represent a 180 degree turn from those of his predecessor.

Nash repeated the comment, and supported by his Opposition co-interviewee Mark Mitchell, that those that accept public money are accountable for the spending of the funds and transparency of their business activities.

He said repeatedly that the disputes between ETNZ and ACE with MBIE will be the settled by Mediation using a process, jointly agreed by the parties, and that does not involve the Court system.

Those two matters of dispute involve the charge to ACE by ETNZ of $NZ3million ($US2.25m) to develop, and test by simulation, the complex class rule for the new AC75, and whether MBIE and Auckland Council have acted in good faith to ETNZ/ACE as required by the Host Venue Agreement to which all four parties are signatories.

The Mediation will take place next month in December 2020.

Related Articles

ETNZ on podium for America's Cup tech developments
ETNZ's simulator "pedigree" and use earns third place on Top 50 in Global Power List In the 2020 Sports Technology Annual Review and Industry Power List published this month, Emirates Team New Zealand has been ranked at #3 on the Global Power List by the STA Group and the English Institute of Sport. Posted on 25 Nov
170 years of the America's Cup by Virtual Eye
The Cup from 1851to 2021 by Virtual Eye who first introduced real-time graphics to sport in 1992 Many media formats have been used to try and explain the leaps between the start of the America's Cup in 1851 through to the present - in the sailing class and technology of the day. None bridge the gap as well as this piece from Animation Research Ltd Posted on 25 Nov
America's Cup: Emirates Team NZ race boat build
Emirates Team New Zealand have released a rare video showing the construction of their V2 AC75 Emirates Team New Zealand have released a rare video showing the construction of their second generation AC75, built in the team's dedicated construction facility on Auckland's North Shore. Posted on 25 Nov
America's Cup: A unique insight into ETNZ
TVNZ embedded an investigative reporter into Emirates Team NZ for six weeks - 15 minute insight. Prime time Television New Zealand magazine show, Sunday, embedded a reporter into Emirates Team New Zealand for six weeks. The America's Cup champions gave her complete access to the team. Posted on 24 Nov
America's Cup Rialto: Nov 24 - Riding on the gale
Two teams ventured out today in the face of a rising easterly gale and constant rain. Two teams ventured out today in the face of a forecast of a strengthening breeze, expected to develop into a regulation easterly gale, along with rain. Posted on 24 Nov
America's Cup Rialto: Nov 23 - A new direction
Monday was a day in waiting. Waiting for a weather system to pass through bringing strong easterlies Monday was a day in waiting. Waiting for a weather system to pass through with strong easterlies predicted for the following day. Posted on 23 Nov
America's Cup: The 25 year itch is back
Top Kiwi sailing journalist, Suzanne McFadden catches up with key Cup players Top Kiwi sailing journalist, Suzanne McFadden catches up with key Cup players at the launch of Emirates Team NZ's Te Rehutai on Thursday evening. "It's been a year since I last saw Emirates Team New Zealand. Granted, we've both been busy.... Posted on 23 Nov
America's Cup Rialto: Nov 20 - Kiwis first sail
America's Cup champions, Emirates Team New Zealand turned on an impressive first sail performance in America's Cup champions, Emirates Team New Zealand, turned on an impressive first sail performance in their Version 2 AC75, Te Rehutai just over 18 hours after her Thursday evening launch ceremony. Posted on 21 Nov
Coca Cola Amatil to be official soft drink of AC36
Packaging sustainability is to be a key initiative of the partnership. Coca-Cola Amatil New Zealand, America's Cup Event Ltd and Challenger of Record 36 have announced a partnership agreement for the 36th America's Cup presented by PRADA. Posted on 21 Nov
America's Cup: Champions launch defender
America's Cup champions revealed their Version 2 AC75 today at the team base in Auckland's Viaduct H America's Cup champions revealed their Version 2 AC75 today. The 75ft radical foiling monohull is quite a design departure from most pundits expectations, which was for a development of their team's first AC75, Te Aihe, launched in September 2019. Posted on 19 Nov