New Zealand America's Cup boss Grant Dalton isn't sure whether Artemis will be ready for racing in the Louis Vuitton semifinals.

The spats between the America's Cup Event Authority and Luna Rossa continue - this time with the ACEA asking the Italians to cough up nearly US$400,000.

The joke around Emirates Team New Zealand yesterday was that jib trimmer James Dagg was a worried man.

The third race against Luna Rossa was a heart stopping one for the team and its supporters after a breakage of a foresail clip saw the jib come down and have to be discarded overboard leaving the team to sail the remainder of the race with just its wing sail. In the end it didnt matter, taking another win by over 2 minutes.

It took two weeks - but there was finally drama out on the water in the America's Cup racing when NZ's sail broke and was dumped in the drink.

The weather gods seem to be playing their part as Emirates Team NZ gear up for their third on-the-water clash against Luna Rossa today.

Glenn Ashby, Emirates Team New Zealand's wing trimmer, grinned. Yes, they'd gone faster than that. Quite a few times. No, he couldn't say how much faster.

It might be the Team New Zealand base now but, when the 34th America's Cup is done, the spot they occupy will become a US$1 billion ($1.26 billion) waterfront stadium.

Despite it being in the middle of the Louis Vuitton challenger series, Emirates Team New Zealand's AC72 was one of four boats out on San Francisco Bay today. It's just another vital day on the water testing and trying to get more speed out of the AC72 for the business end of the regatta.

The America's Cup Event Authority has launched a jury protest against Italian syndicate Luna Rossa for not showing up at a party, writes Paul Lewis.

Emirates Team NZ set a new speed record in their solo sail in the America's Cup today.

It could have been complete farce. Luna Rossa raced against themselves yesterday - but should not have won.

Ginny Fisher takes in the glittering Louis Vuitton gala and enjoys the glamorous side of sailing.

It now seems certain - Artemis will not be allowed special dispensation to use safety rudders in the 34th America's Cup.

Perhaps the major revelation from the weekend's racing in the America's Cup was the upwind speed of Emirates Team New Zealand.

Kiwi sailor Craig Monk believes if Team NZ had been able to keep their foiling programme under wraps for a month longer, the America's Cup would be theirs.

Emirates Team New Zealand edged closer to a Louis Vuitton final berth by completing their solo sail, another race against no one, today.

Luna Rossa are refusing to allow beleaguered syndicate Artemis Racing dispensation to the America's Cup class rule.

Hopes of a competitive Louis Vuitton Cup have been sunk after the first two-boat race of the regatta turned into another no-contest.

Team New Zealand exposed their massive speed advantage over Luna Rossa, blitzing the Italians by over five minutes. Video: EmTeamNZ / youtube

Team New Zealand exposed their massive speed advantage over Luna Rossa, blitzing the Italians by over five minutes.

Most sailors gearing up for next month's 470 world championships will be hitting the water as they fine-tune their preparations but not Jo Aleh - instead, she'll be riding some of the most demanding stages of this year's Tour de France.

The healing will start tomorrow morning (NZT) when Team NZ meet Italian syndicate Luna Rossa, the first race to involve more than one boat and the first clash to take place on the water rather than in a jury room, meeting room or through the media.

The international jury have upheld the protest by Team New Zealand and Luna Rossa over moves to alter the America's Cup class rule just a week out from the start of competition. The two teams complained regatta director Iain Murray had exceeded his authority by attempting to invoke new rudder regulations as part of the sweeping new safety measures introduced in the wake of the death of Artemis crewman Andrew Simpson.

A jury has upheld the protest by Team New Zealand and Luna Rossa over moves to alter the America's Cup class rule just a week out from the start of competition.