http://www.sail-world.com/Australia/Americas-Cup:-NZ-Govt-backs-Team-NZ-with-limited-funding/115929
The NZ Government has announced that it will provide Emirates Team New Zealand with $5million of interim funding to allow the team to retain key members ahead of the 35th America's Cup.
The funding comes before the team has made a decision whether or not to Challenge for the trophy it failed to win by an 8-9 margin last month in San Francisco.
The amount provided is half that provided in 2010 - but that was covered by an agreement signed between the Team and the previous Labour government.
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