A New Zealand government agency is investigating claims of “structural and financial” irregularities in the staging of next year’s America’s Cup yachting event. Holders Team New Zealand said the claims were based on “inaccurate allegations” from a contract company which had access to its Auckland base.
It added that the contractor was sacked when sensitive information was returned to the team from partners in Europe, confirming its suspicions of a leak in its own organisation.
America’s Cup Events is the company charged with staging the cup regatta which will be sailed off Auckland in March. Team New Zealand will defend the 169-year-old trophy — the oldest in sports — against challengers from the US, Britain and Italy.