Team New Zealand has pocketed about $10 million from private donors to keep it afloat and prepare it to mount a challenge for the next America's Cup.

If Team NZ boss Grant Dalton wasn't getting paid his $2 million salary, the country would face another Russell Coutts scenario, Steven Joyce says.

Team NZ boss Grant Dalton splashed out on a $100k motorbike just weeks before he went cap-in-hand for taxpayer cash.

Relief for sailing fans, as it’s confirmed that Team NZ will have the money to survive to the end of the year.

Team NZ boss Grant Dalton was on about $2 million a year during the last America's Cup campaign.

Editorial: In the week since Grant Dalton asked for another Govt hand-out, he has not found much public support.

Prime Minister John Key says the interest of the NZ public in the America's Cup is fading - and he reiterated the government won't fund its next bid.

Kerre McIvor writes: Do the crew of Team NZ really want to be known as New Zealand's highest paid beneficiaries?

Do the crew of Team New Zealand really want to be known as New Zealand's highest paid beneficiaries?

Team New Zealand's plea for poverty is wearing thin with the Government.

The clock is ticking for Team New Zealand. Without an immediate cash injection the syndicate are, in the words of boss Grant Dalton, "gone by the end of the month".

The America's Cup will not be returning to San Francisco - with Oracle's Team USA boss Russell Coutts confirming it's been ruled out. So where is still in the running?

Less than a week after the protocol for the 35th America's Cup was announced, the sniping between syndicates has already descended into childish bickering, writes Dana Johannsen.

Economic Development Minister Steven Joyce has not ruled out putting extra government money into a new America's Cup challenge - if other sponsors step up.

Team New Zealand boss Grant Dalton believes America's Cup authorities have eliminated any possibility of a commercially funded team from entering the next event.

Dana Johannsen has scoured 78-pages worth of rules for the next America's Cup regatta and can't find single compelling reason for Team NZ to be involved.

Editorial: The history of the America's Cup is replete with holders loading the rules to markedly enhance their own chances. But Oracle's gone further.

Months on from Oracle's strong defence of the America's Cup, the US syndicate has finally released the Protocol for the 2017 racing. Dana Johannsen looks at the key changes.

To the victor go the spoils. In the case of Oracle Team USA and the America's Cup, that includes holding the whip hand in the drawing up of the rules.

If the whispers are to be believed, the America's Cup waiting game should soon be over.

The taxpayer's $36m investment in Team New Zealand has paid off handsomely according to reports released Steven Joyce today.

While $36 million of taxpayers' money may not have secured the America's Cup for New Zealand, a greenstone replica can be yours for a cut-price $70,000.