The Emirates Team New Zealand recently set up an individual firm to organize the America’s Cup in 2021 in Auckland. Tina Symmans the director of the company would be the chair of ACE (America’s Cup Event) Ltd. The Board of ACE will be occupied by Greg Horton as he has been on a part of Emirates Team New Zealand already. They both will resign from their existing directorships post.
Tina Symmans became the board 3 years back prior to the Bermuda challenge and had a roller coaster journey of the campaign due to lack of funds. As a result, it caused suspicion over the team’s efficiency to sponsor the challenge in Bermuda prior to the success to retain America’s Cup in New Zealand. Symmans said there had to be a great amount of effort put in behind the scene. The location of the event has been finalized and worked out on how to work with Auckland City and Government as partners in addition to putting in strict governance structures in place.
All this has led to a thick foundation to start the enormous tasks to be performed by ACE as well as the stakeholders. America’s Cup Event has involved Calder and Mayo as the Event Directors with the skills and experience to design and manage sailing events. Everyone is aware of the position they hold and the excitement has built up. There are massive challenges considering the size of the event, and the international recognition it gets.
However, as a team, they will work jointly and make it successful as per Symmans. There is some additional work performed across the council and government that have planned and designed the infrastructure in addition to ways to enhance the economic benefits through the event held in the city. One of the greatest challenges is to ensure there is segregation of work between the team and the event as this would help to focus on achieving the Cup.