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The America's Cup may not return to Auckland, but a new sailing event could replace it.
Under a new deal, Auckland and Lyttleton will host alternate events in the Sail GP sailing competition for four years from 2023.
Christchurch was due to host a one-off Sail GP event next month, but organisers had to cancel it after failing to secure 160 MIQ spots.
Sailing expert Chris Steele told Tim Dower both cities are now set to benefit.
“It’s basically alongside the America’s Cup now at the pinnacle of the sport and obviously the America’s Cup is once every three years, Sail GP runs year-round so it’s definitely up there.”