Team NZ cancels victory celebrations after rail tragedy

Team New Zealand's victory celebrations in Valencia were cancelled yesterday as a mark of respect for the victims of the railway tragedy there.

At least 41 people died after an underground train ran off the tracks and overturned at high speed in the eastern Spanish city.

Team New Zealand won the America's Cup pre-regatta and the 2006 season championship with a 2-1 victory over Alinghi in the final.