Mark Dunphy, pictured in 2007, has offered to help provide short term funding to Team NZ if it is part of negotiations to keep the America's Cup in Auckland. Photo / NZPAMark Dunphy, pictured in 2007, has offered to help provide short term funding to Team NZ if it is part of negotiations to keep the America's Cup in Auckland. Photo / NZPAAn entity linked to former investment banker and oil and gas entrepreneur Mark Dunphy has offered to provide short term funding to Team New Zealand while a deal to keep the America's Cup in New Zealand is thrashed out. The company, owned entirely by Dunphy, said it had offered to meet with the squadron and Team NZ "at any time". Earlier today Team NZ extended the deadline to decide the venue of the next America's Cup on signs that it has been unable to strike a deal with an international venue.

Source: New Zealand Herald September 17, 2021 01:30 UTC