No, you're right. Money had nothing to do with spending 50mil in 7 days when it came to testing the boat with Navy equipment.
On the plus side, a lot of the money ends up coming back to NZ.
Rumors circulating ETNZ taking the Oracle/SAS thingy to court.
Did you read the article today about the carbon fiber?Turns out, ETNZ asked Air NZ to use their carbon fibre molding machine to build their boat but were denied.So Oracle payed full commercial rates to use Air NZ's carbon fibre molding machine for a full year to mold bits for their boat.Air NZ is owned by NZ Government.
Well it's a little bit complex seeing as Team NZ's main sponsor is a competitor to Air NZ.
We build the best boats.Kiwis also world leaders in sore losing.
Cats can't throw rocks.
When i was working on the Americas cup 2010 challenge you could really see the difference in funding.. even back then.
Team NZ wasn't involved in the 2010 AC. Also I haven't seen a source on the $50million spent in one week that doesn't refer back to the 'some Indian guy on talkback' post on whaleoil.TVNZ commentators were saying before that the rumours were it was about $10million in one week. Now everyone is taking the $50million figure as gospel.
Kim Dotkom will put 100 billion in and save us.Because a file upload website is worth way more than a stupid multi-national corporation called 'Oracal' or something.