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Auckland could become one of the cornerstones of the SailGP calendar, with the league discussing a six-year agreement to run events in the City of Sails.
The global foiling league made its debut in Auckland in January, with bumper crowds turning out to enjoy the action on the Waitemat膩 Harbour.
It鈥檚 a sight Sir Russell Coutts hopes to see more of in years to come.
鈥淥ne of the things we鈥檙e trying to do with SailGP is make it an annual event, and I know the authorities in New Zealand are interested as well, so we鈥檙e discussing something like a six-year, or six-season, term, because there are huge benefits in coming back year after year,鈥 he told the Herald.
鈥淟ike many of the iconic events around the world, whether it be the Melbourne Cup or the Australian Open tennis, people get to know when they鈥檙e on at a certain time of the year and that has its distinct advantages.
鈥淲e鈥檙e looking to do the same as we build out our calendar to 20-plus events a year. We鈥檙e looking to grow those events in the various continents around the world.
鈥淪o in Australasia, of course, we鈥檙e looking to expand that calendar of events and no doubt you鈥檒l see some announcements on that in the coming weeks.鈥
Coutts said the make-up of those six years was still being discussed, with the potential of a four-year commitment with a two-year right of renewal an option alongside a straight six-year deal.
It comes after the success of its first time in Auckland, with the event having a 46% audience increase between that and the season opener in Dubai late in 2024.
The economic impact report for the event is expected to be made public soon, however, Coutts told the Herald it revealed a US$36 million ($63m) return.
That number is a 73% increase on the 2024 New Zealand SailGP event, held in Christchurch, which amassed a total economic impact of US$20.7m for the host region.
In a statement to the Herald, T膩taki Auckland Unlimited chief executive Nick Hill said it was positive about the potential to host SailGP again.
鈥淎s with any major event investment, there is a process to follow including post-event analysis and a new business case. We are working constructively with the SailGP team to ensure we have all the information to take this forward and are working to a mid-April timeline,鈥 Hill said.
鈥淲e face significant funding challenges for attracting and delivering major events in Auckland. At present, we do not have a sustainable long-term funding model and this remains a critical issue.鈥
While Coutts has previously spoken about the potential for other host cities in New Zealand, he said at this stage the organisation was not looking anywhere but Auckland.
鈥淚t was a great event in Auckland, wasn鈥檛 it? I think it was hugely successful from SailGP鈥檚 perspective, but also from the city鈥檚 perspective and New Zealand鈥檚 perspective for that matter
鈥淲e are not looking, at this stage, at other events in New Zealand, but that鈥檚 not to say we wouldn鈥檛 do at some time in the future.鈥
While season five has its fourth of 13 confirmed events on the calendar in Los Angeles this weekend, plans are already in place for further expansion in season six.
This season brought the addition of two new teams and another two are expected to be added for the next campaign as well as more stops on the calendar.
The expanded lineup is also expected to see racing move to split-fleet racing, with seven boats on the water at a time opposed to the current structure in which all 12 teams compete against one another in fleet racing.
鈥淲e鈥檙e going to run a process with the next two teams that we put on sale, which are teams 13 and 14, that鈥檒l be more of a structured assessment of the various buyers,鈥 Coutts said.
鈥淲e know that there鈥檚 buyer interest out there, and obviously we evaluate which country they鈥檙e going to be representing as well and the where they could host an event, because we like to pair teams with events in their own countries as well.
鈥淎ll of those things come into it as well as the offer on the economics behind the team. We鈥檒l be going through a process for that for teams 13 and 14 over the coming months and that process will be announced in due course.鈥
- Christopher Reive
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