Champion UK sailor Sir Ben Ainslie came close to quitting the sport after the death of his friend at the America's Cup, but went on to help defeat Team NZ, he has revealed.

North Shore teenager Kate Stewart has spent hours studying the famous names engraved on the Tauranga Cup.

Success will often be the product of the recognition of past errors.

Now the pressure is off Stanley Paris and his failed attempt to circumnavigate the planet in 120 days, the 76-year-old has had time to mull over his future, and has not ruled out having another go at the world record.

Organisers of a new Auckland to Bluff yacht race will get to keep $100k in taxpayer funding despite the cancellation of next month's inaugural event.

For such an allegedly big sporting contest, the silence has been deafening since TNZ's America's Cup collapse in San Francisco, writes Chris Rattue.

'I must now abandon this dream', says the 76-year-old former Dunedin man who was trying to sail around the world solo.

He shattered New Zealand's America's Cup dream with one of the greatest comebacks in sporting history - and wouldn't mind a second round in the boxing ring.

It was supposed to be a high-tech piece of kit derived from a jumbo jet that only Larry Ellison could afford.

Round-the-world solo yachtsman Stanley Paris has been seriously injured more than 2000km east of Porto Alegre, in Brazil, after falling from his mast.

It's all about the money. There are suggestions the 35th America's Cup will now be fought out with team budgets of about US$80m.

World champion sailors Molly Meech and Alex Maloney are exhibit A when it comes to the concept of 'a life on the ocean waves'.

Olympic gold medal-winning sculler Nathan Cohen has quit the sport.

NZ's most successful sports will receive a funding boost ahead of the Rio Olympics, while basketball was another winner from today's High Performance Sport NZ investment announcement.

Russell Coutts has hinted it is likely a nationality clause will be reintroduced for the next America's Cup.

America's Cup sailing races generated far less economic activity in San Francisco than the $900m projected, according to reports.

Team NZ boss Grant Dalton says he is "cautiously optimistic" about America's Cup sponsors staying aboard - but a New Zealand Volvo Ocean Race campaign looks less likely.

The America's Cup could be coming to NZ after all, if early speculation regarding the shape of the next regatta comes to pass.

Auckland ratepayers paid some of the costs for 3 News presenter Hilary Barry to attend the America's Cup as part of a $220,114 spend-up in San Francisco by the council's tourism and economic arm.