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Speaker 1: America's Cup in twenty seven. A Napoli one female will

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Speaker 1: be part of the crew. Batteries will replace manual power.

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Speaker 1: We've got a cost cap of one hundred and forty

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Speaker 1: seven million. Also, the two now non nationals will be

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Speaker 1: allowed to sail on bird on board. That's the Burling

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Speaker 1: rule of course. Grant Dotkin, as Team New zealand Schief

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Speaker 1: executive back with us. Good morning, morning making and so

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Speaker 1: on a scale of one to ten, ten, you're delirious.

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Speaker 1: How happy are you with this?

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Speaker 2: Seven seven and a half. It's been a pretty tough deal.

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Speaker 2: It's been a pretty torrid six months getting this across

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Speaker 2: the line. But I guess anything that's worth doing was

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Speaker 2: not necessarily easy.

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Speaker 1: Was a gun healthy head? Did they want all of

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Speaker 1: these changes? And they were insistent on it.

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Speaker 2: There was a split on that. There was sort of

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Speaker 2: one side that was trying to use the gun tactic,

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Speaker 2: which is one of the reasons it took so long,

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Speaker 2: because that doesn't work. Negotiating with a gun doesn't work.

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Speaker 2: Then there was the other sort of side of challenges

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Speaker 2: that were completely on board with everything that we were

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Speaker 2: trying to achieve. In some ways they had to marginalize

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Speaker 2: the gun holders before you can make progress, and really

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Speaker 2: the progress only moved at pace in the last month,

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Speaker 2: but there was a lot to negotiate, a lot of change,

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Speaker 2: and people are focusing on sort of the things that

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Speaker 2: are obvious and good too, like women on the boat.

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Speaker 2: But the big change, the seismic move, is that the

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Speaker 2: America's Cup will move from this boom bus cycle into

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Speaker 2: a more even cycle where it can be planned. We

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Speaker 2: can start planning for twenty nine now, right.

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Speaker 1: It just strikes me there's a lot of change here.

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Speaker 1: Has the stuff been bubbling and all kind of came

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Speaker 1: to a head. Hence it appears slightly more dramatic than

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Speaker 1: it has previously.

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Speaker 2: No, no, this is more dramatic than it has been previously.

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Speaker 2: And the agreement that we made signed yesterday to move

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Speaker 2: the America's Cup from a defender totally dominated environment which

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Speaker 2: has been for one hundred seventy four years work quite

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Speaker 2: nicely to a more even partnership is that's a big deal.

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Speaker 2: And you know, as the three times winners of the

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Speaker 2: Cup and the Ryal New Jian Yacht Squadron is a trustee,

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Speaker 2: you've got to decide whether in fifty years time, people

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Speaker 2: are going to think that you know, you're the ones

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Speaker 2: that screwed it up, or whether it's a good idea.

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Speaker 1: One forty seven million, does that limit you in a

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Speaker 1: way that you might regret.

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Speaker 2: It's a very funny thing, this budget cap. I always

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Speaker 2: have a bit of a giggle when they talk about

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Speaker 2: seventy five million euros. I'd love to be able to

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Speaker 2: spend seventy five million euros. So any cost cap is

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Speaker 2: an absolute advantage to Team New Zealand because we couldn't

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Speaker 2: spend that if we tried. Well probably I'm sure we

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Speaker 2: could if we tried. So cost caps are very much

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Speaker 2: something that we've been in favor of to knock out

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Speaker 2: that sort one hundred and fifty million euro budgets that

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Speaker 2: some of these teams spend, because we just have always

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Speaker 2: been at least half of anybody else. So this is

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Speaker 2: an advantage to us.

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Speaker 1: Females with a you to what what's the point? It's

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Speaker 1: not a bad idea, but what's the point?

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Speaker 2: Well, I've been Meanwhile, diversity inclusion is a point all

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Speaker 2: on its own, So I don't think there's anybody on

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Speaker 2: the planet I think that's a bad idea. I've always

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Speaker 2: been a bit and honestly, the challenge of record was

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Speaker 2: the same. We couldn't decide whether we should mandate or

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Speaker 2: not because there's a whole argument of females on the

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Speaker 2: boat would feel more as though they should be there

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Speaker 2: if they could earn their place. But we didn't really

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Speaker 2: have a mechanism to get necessarily from the Woman's America's

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Speaker 2: Cup directly to the boat without the mandate, and so

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Speaker 2: in balance we decided it was the right thing to do.

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Speaker 2: But the point simply is the world is moving, and

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Speaker 2: it's good. It's good for marketing as well that we

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Speaker 2: need to move with the times.

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Speaker 1: Most importantly, for a person like media follows this. Does

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Speaker 1: it help entries? I mean, does the event get more

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Speaker 1: people involved? Therefore it becomes more exciting.

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Speaker 2: The America's Cup, to me, has never been about twenty entries.

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Speaker 2: It's not that game. I mean the technology race, which

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Speaker 2: is hard to win, and that hasn't changed. It's not

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Speaker 2: suddenly about to be very easy to win. The best

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Speaker 2: team will short of win, but it should promote more entries.

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Speaker 2: What it does do is it drive value into the

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Speaker 2: teams in the way that a franchise will grow. Use

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Speaker 2: formula one. I mean the value in the increase in

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Speaker 2: those teams has been dramatic. So I think ultimately that's

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Speaker 2: one of its massive advantages of making it. You can

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Speaker 2: see what you're getting. You don't know that in two

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Speaker 2: years time it's all going to change. Wars got to one,

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Speaker 2: the next one and it would have changed. No one

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Speaker 2: might have changed. So I think with driving value, it

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Speaker 2: helps investment. Investment helps more entries.

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Speaker 1: And what about tech and design? By the time we

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Speaker 1: get to Naples and twenty seven, is it radically different

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Speaker 1: or are we at such a cutting edge it's money, No.

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Speaker 2: It won't be radically different, but for sure it will

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Speaker 2: be different. I mean, it just never stops. And our guy,

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Speaker 2: you know, we've got twenty five guys just flat stick

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Speaker 2: working on tech now. And that's a big difference with

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Speaker 2: the Cup in any other part of the sport. That

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Speaker 2: this is a technology race and you never want to

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Speaker 2: lose that. That's one of the intrigues. That's what people like.

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Speaker 2: It's fascinates people that the cutting edge and the development

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Speaker 2: and we are the test bed of the future, and

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Speaker 2: that is a part of the Cup that I would

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Speaker 2: never have changed.

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Speaker 1: All Right, I'm good to catch up. Grant Dalton, the

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Speaker 1: head of Team New Zealand.

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Speaker 2: Of course, for more from the mic Asking Breakfast, listen

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