Team NZ close to saying yes

Team New Zealand are on track to announce a decision soon on their role in the next America's Cup.

Speculation that the syndicate was preparing to confirm at a press briefing on Monday it will be in Valencia to try to win the cup back was quashed yesterday by spokesman Warren Douglas.

"We fully expect to be there, but there will be no announcement either way on Monday," he said.

The date floated months ago for an announcement was March 31.

Douglas said it would be wrong to be specific about that date, but they expect to be making their intentions clear around that time.

"We're in delicate negotiations with a couple of major players and we have a massive programme in place for the next 12 months," said Douglas. "We're very, very confident we'll be in Valencia."


Further reading: nzherald.co.nz/americascup