1
00:00:00,080 --> 00:00:02,760
Speaker 1: You're a news talksb Auckland put its hand up for

2
00:00:02,800 --> 00:00:06,080
Speaker 1: hosting rights for the thirty eighth America's Cup. Auckland Unlimited

3
00:00:06,080 --> 00:00:08,080
Speaker 1: says it's been talking with Emirates team in New Zealand

4
00:00:08,119 --> 00:00:10,720
Speaker 1: about bringing the race home. Bars alone is also just

5
00:00:10,760 --> 00:00:14,440
Speaker 1: reported almost two billion dollars in positive impact from hosting

6
00:00:14,440 --> 00:00:16,840
Speaker 1: the game, with Mark Worhams as a sailing professor. Mark

7
00:00:17,120 --> 00:00:21,560
Speaker 1: good evening, Are there, ran, how likely is this really?

8
00:00:21,640 --> 00:00:22,120
Speaker 1: Do you think?

9
00:00:23,760 --> 00:00:26,240
Speaker 2: Well? I suppose it's a lot less likely than it

10
00:00:26,440 --> 00:00:29,319
Speaker 2: was a few months ago when it appeared to be

11
00:00:29,400 --> 00:00:31,720
Speaker 2: dead in the water the opportunity for Auckland to host

12
00:00:32,200 --> 00:00:36,640
Speaker 2: the next America's Cup. So the fact that there's at

13
00:00:36,720 --> 00:00:39,800
Speaker 2: least a chance from the sailing community perspective, I think

14
00:00:39,800 --> 00:00:42,839
Speaker 2: there's a lot of excitement about the possibility, even if

15
00:00:42,840 --> 00:00:45,479
Speaker 2: it still remains I think in most people's minds a

16
00:00:45,520 --> 00:00:46,800
Speaker 2: relatively remote one.

17
00:00:47,600 --> 00:00:49,920
Speaker 1: Of course, the funding is the biggest she always has been,

18
00:00:50,080 --> 00:00:53,400
Speaker 1: and it'll need central government, it'll need counsel money, it'll

19
00:00:53,440 --> 00:00:56,840
Speaker 1: need private money, and you've got Wayne Brown and Auckland

20
00:00:56,920 --> 00:00:59,280
Speaker 1: saying he needs the bed tax to get this done,

21
00:00:59,280 --> 00:01:01,440
Speaker 1: and then the government it's reluctant to do that. I mean,

22
00:01:01,480 --> 00:01:02,760
Speaker 1: how do you think that plays out?

23
00:01:03,920 --> 00:01:05,720
Speaker 2: Yeah, I think you've put your finger on it is

24
00:01:05,720 --> 00:01:08,840
Speaker 2: that it does require significant investment from a range of

25
00:01:08,880 --> 00:01:11,840
Speaker 2: partners who've all got to come together and say we

26
00:01:11,959 --> 00:01:16,120
Speaker 2: think collectively this is worth doing. And while there's a

27
00:01:16,120 --> 00:01:18,720
Speaker 2: pretty impressive number that's come out of the study from

28
00:01:18,800 --> 00:01:22,479
Speaker 2: the hosting in Barcelona, I think many people, including myself,

29
00:01:23,440 --> 00:01:26,840
Speaker 2: see those sorts of numbers with some sort of skepticism.

30
00:01:27,280 --> 00:01:30,080
Speaker 2: You can often calculate multiplier effects and so on to

31
00:01:30,120 --> 00:01:34,119
Speaker 2: tell the story that you want to. So what really

32
00:01:34,160 --> 00:01:41,000
Speaker 2: needs to be considered here in the potential of government

33
00:01:41,360 --> 00:01:43,920
Speaker 2: and in the end taxpayer and rate payer money going

34
00:01:43,959 --> 00:01:46,040
Speaker 2: into support an event like this is what is the

35
00:01:46,080 --> 00:01:49,880
Speaker 2: return on that investment? And can we be confident that

36
00:01:49,960 --> 00:01:53,480
Speaker 2: it's worth the investment for the greater good of New

37
00:01:53,560 --> 00:01:56,400
Speaker 2: Zealand and Auckland more specifically.

38
00:01:55,840 --> 00:01:58,200
Speaker 1: Yeah, good point, Mark, And can we be confident in

39
00:01:58,240 --> 00:02:01,120
Speaker 1: the actual assessments that are done to termine that as well?

40
00:02:01,520 --> 00:02:01,760
Speaker 3: Mark?

41
00:02:01,800 --> 00:02:04,120
Speaker 1: Thank you. Mark Orm's sailing professor with us on the

42
00:02:04,120 --> 00:02:07,240
Speaker 1: prospects of the America's Cup returning to New Zealand twenty

43
00:02:07,200 --> 00:02:07,800
Speaker 1: after five.

44
00:02:08,639 --> 00:02:11,799
Speaker 3: For more from Hither duplessy Allen Drive. Listen live to

45
00:02:11,919 --> 00:02:14,960
Speaker 3: news talks. It'd be from four pm weekdays, or follow

46
00:02:15,000 --> 00:02:16,760
Speaker 3: the podcast on iHeartRadio.