| Latest Yachting News | Monday July 16 2012 12:15
Team New Zealand has grabbed an early advantage ahead of next year's America's Cup.
They're the first of the four teams - including holders Oracle - to finish their AC72 catamaran
Team boss Grant Dalton says they've got a great chance to get ahead of their rivals.
"We're going to be first in by the look of it. Artemis (Racing) is ready but they've busted their wing the other day so they're not launching their boat and Oracle's not ready yet. Luna Rossa, whose boat is exactly the same as ours because we're involved with them, is still a few months away."
The public unveiling of the boat is on Saturday.