READ MORE:* America's Cup allegations: Audit finds no wrongdoing at Team NZ* America's Cup allegations: The road to resolution for Team New Zealand* America's Cup allegations: Confidential Team New Zealand audit report kept secretStuff obtained the full Beattie Varley under the Official Information Act. Clive Mason/Getty Images Team New Zealand won the America’s Cup in Bermuda in 2017, bringing the 36th event to Auckland in 2021. One quarter of the full report deals with how the $3 million moved from ACE to Team New Zealand. Team New Zealand won the America’s Cup for the third time in Bermuda in July 2017, and with it the right to stage its defence. EMIRATES TEAM NZ/Supplied Glenn Ashby, centre, and the Team NZ design designers work through some details for the new AC75.

Source: Stuff September 08, 2020 22:41 UTC