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Government gives Team NZ $36m for America's Cup

Wednesday, April 20, 2011

Is $36 million America's Cup funding for Team NZ taxpayer money well spent?























Team New Zealand will get $36 million from the Government to contest the 2013 America's Cup, the Government has confirmed.




Acting Economic Development Minister David Carter said the Government was contractually obliged to give the money to Team New Zealand to fight for the 2013 America's Cup in San

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