"Delivering the festival a week later than originally planned gives Aucklanders the chance to still acknowledge and celebrate the significance of the event.
"This early decision also mitigates the financial risk of cancelling at late notice should Auckland not return to alert level 1 next week."
The event will remain ticketed, with the free tickets booked online providing contact tracing as well as crowd and capacity management. Tickets are currently on hold for the festival.
The change in dates also meant that the festival would add further vibrancy to the waterfront precinct on the first weekend of the 36th America's Cup match, Clarke said