The 2016 Olympic venue is proving tricky for the New Zealand sailors over the opening days of the Aquece Rio international regatta.

New Zealand's sailors face a challenge with the water as much as on the water at the Olympic test event off Rio de Janeiro this week.

Russell Coutts has told Team New Zealand to stay away from a meeting next week between potential challengers and America's Cup holders Oracle Team USA.

Team New Zealand have been told to stay away from a meeting in London next week between potential challengers and America's Cup holders Oracle Team USA.

Mark down August 8 in the diary. It's when the future of the 35th America's Cup and that of its principal architect, Sir Russell Coutts, could be altered.

The America's Cup is in limbo once more and looks likely to remain that way for a while yet, writes Dana Johannsen.

Herald yachting reporter and America's Cup expert Dana Johannsen answers the big questions following this morning's latest twist.

The note received by a 100-year-old New Zealand man read just like it was from one Old Salt to another until he saw "Philip" and the monogram of Buckingham Palace.

A young New Zealand wakeboarder is in a critical condition in the US following a nasty training accident.

Day 3 of racing was moving day for the fleet. The course moved, the wind moved, and positions on the leaderboard moved with Emirates Team New Zealand holding 3rd place, poised for the final day of racing with plenty of points up on offer.

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.

Team New Zealand confirmed this afternoon it will challenge for the 35th America's Cup, without the need for Government funding.

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.

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

It's been a tough week for Team NZ. At a press conference a week ago Dalton said that without an immediate cash injection, the syndicate would be "gone by the end of the month".

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.

Team New Zealand skipper Dean Barker has hit back at perceptions that Government spending on the 2017 America's Cup campaign is a poor investment.

Team NZ's key corporate backer have confirmed they are keen to renew their sponsorship of the syndicate once the full details of the next America's Cup are known.

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?