Team New Zealand announced its participation in America's Cup

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New Zealand have confirmed they will take part in the 35th America's Cup «» and will try to win the trophy they missed out on last year.

Some time ago the participation of «kiwi» in the race was questioned because of funding problems. However, according to an official statement, investment has been attracted: both sponsoring companies and private individuals have assisted the crew. No government support was needed for the team.

Team New Zealand will challenge Oracle Team (USA), which took home the trophy at the last race.

The name of who will win the most prestigious yachting award this time will be known in 2017.

A couple of weeks ago Europeans also announced their intention to participate in the competition. BAR Team, led by Ben Ainslie, plans to win the trophy that has never been won by the British.

Also recall that the protocol of the upcoming competition was recently released.

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