Please select your home edition
Edition
Palm Beach Motor Yachts

Paris 2024: Yachting New Zealand holds up well in 2024 Olympic funding round

by Richard Gladwell/Sail-World.com/nz 16 Dec 2021 23:50 UTC 17 December 2021
Start Womens FX Qualifying Race - Tokyo2020 - Day 7- July, 31, - Enoshima, Japan © Richard Gladwell / Sail-World.com / nz

Despite returning from Tokyo2020 with the worst medal tally, since the medal-less 2004 Athens Olympics, Yachting New Zealand has gained a funding increase of $425,000 a year over the Toko2020 levels.

In the Funding round announced this morning by Sport NZ has announced, Yachting, as one of eight "Podium" sports, Yachting has gained an increase to $4.837million per year, up from the 2021 level of $4.411million for the 2021 year.

We are waiting on comment from yachting New Zealand as to more details of the breakdown.

On the back of a three Gold and two Silver medal haul, across multiple events and crews, Rowing New Zealand was expected to get a boost and had a $1.5million a year boost to just under $8million per year.

Canoe Racing also got a boost of the same amount as Yachting, to $2.582million per year. Former Olympic yachting gold medalists Tom Ashley (Windsurfing) and Polly Powrie (W470) are employed at Canoe NZ as CEO and Operations manager respectively.

The increase is particularly pleasing given that five of the ten Olympic events will change for Paris2024. While New Zealand won a single medal at Enoshima, Kiwi sailors had two top five placings in the Mens Finn (5th) and Mens 470 (4th) - which extrapolates into three top five finishes out of six events contested. Sadly for NZ, the Finn and Mens 470 have been dropped, by World Sailing for Paris 2024.

The confidence in Yachting will also have been boosted by Tom Saunders' recent win in the Mens Laser World championships. Those Tokyo2024 placings and the Laser Worlds result given some credibility to Yachting New Zealand's processes, rather than having a medal haul that is based primarily around one very talented competitor.

Earlier this week, 2016 Olympic Silver medalists Alex Maloney and Molly Meech announced that they "would be turning a new page" in their sailing careers - with no indication of their new directions, however as well as finding talent for five new Olympic events, they may also be doing the same for the 49erFX. There is also no certainty that Olympic Gold and double Silver medalists Peter Burling and Blair Tuke will be able to continue in the 49er class, given their commitments to SailGP, and the America's Cup - a process which is being worked through with Emirates Team New Zealand.

There has been no indication from Yachting New Zealand how it will work around the draconian Managed Isolation and Quarantine process, and indeed what its policy will be with international competition, given that currently three or four trips away are fairly standard, and on that basis multiple stays in MIQ are not really feasible.

Related Articles

A very clear video for overhead casting
Stop fly casting 10-2 and start using this method for longer casts Lyall and Nathan have spoken to me often of how to advance beyond the clock face 10-2 using the terms translation before rotation. Posted on 4 Jun
Valhalla 55 Sport Yacht - Ready to ride
Making her highly anticipated debut in Atlantic City The Valhalla 55 Sport Yacht makes her highly anticipated debut in Atlantic City, New Jersey – and it's more than a new model. Posted on 4 Jun
NOAA reduces Atlantic bluefin tuna retention limit
The adjusted limits will take effect June 3, 2025 and extend through December 31, 2025 On May 29, the National Oceanic and Atmospheric Administration (NOAA) announced adjustments to the Atlantic bluefin tuna daily retention limits for recreational anglers. Posted on 3 Jun
Delegation urges state control of red snapper
Expressing "strong support for a state-led framework to ensure science-based stewardship" South Carolina's congressional delegation, led by Congressman Russell Fry and joined by U.S. Senators, formally urged U.S. Commerce Secretary Howard Lutnick to transfer management of the South Atlantic snapper-grouper fishery to the states. Posted on 2 Jun
Bayliss Boatworks new construction updates
Big Deal's final touches are coming together beautifully Gearing up for her christening later this month, Big Deal's final touches are coming together beautifully. Posted on 2 Jun
Bulwarks and Bulldust – watch Episode Four
Episode Four - Mark Elkington, The Yacht Sales Co. - is now up and running Watch along as we speak with Mark Elkington from The Yacht Sales Co. about his transition from a West Australian crayfisherman to a global sales and support organisation par excellence. Posted on 30 May
All the hurricane preparation info boaters need
Atlantic hurricane season starts June 1 Recreational boaters whose vessels have been impacted by a hurricane and came out relatively unscathed know it all starts with a plan. Posted on 29 May
Hull 68 progresses on all fronts
Interior and structural systems take shape Hull 68 continues to come together with detailed advancements from the anchor locker to the bridge surround. Up forward, the anchor locker chamber is prepped for its topcoat while the bulkhead is already painted and ready for install. Posted on 29 May
6th Daily's Old School Kingfish Shootout Preview
Family Fishing Fun returns on June 14th! One of the largest kingfish tournaments in the world registers hundreds of anglers from across the Southeast to participate in the annual event at Vilano Beach Fishing Pier. Posted on 24 May
Bulwarks and Bulldust – watch Episode Three
Episode Three - Greg Haines, Princess Yachts Australia - is now up and running Episode Three - Greg Haines, Princess Yachts Australia - is now up and running Posted on 24 May
Palm Beach Motor YachtsMaritimo 2023 S-Series FOOTER