Auckland's chances of hosting the 38th America's Cup defence in 2027 have sailed over the horizon without Government investment.

Team New Zealand has responded with a statement, saying the syndicate completely understands as 'times are tough'.

Sportstalk host D'Arcy Waldegrave explains further.

LISTEN ABOVE 

Auckland's chances of hosting the 38th America's Cup defence in 2027 have sailed over the horizon without Government investment.
Team New Zealand has responded with a statement, saying the syndicate completely understands as 'times are tough'.
Sportstalk host D'Arcy Waldegrave explains further.
LISTEN ABOVE&nbsp;

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

D'Arcy Waldegrave: Sportstalk host on Team NZ confirming the 38th America's Cup will not be hosted in Auckland

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a82ba86d-0c9a-40d5-a9b1-b2b200424750/transcript