10:01 PM Tue 18 Jan 2011 GMT
A spokesman for Team New Zealand has denied any involvement or relationship with the group said to be organising an alternative monohull competition to the 34th America's Cup. The story, first published in a Spanish newspaper has been doing the rounds in Europe and USA, and names four teams as being involved - Sir Keith Mills (TeamOrigin), Ernesto Bertarelli (Alinghi), Patrizio Bertelli (Luna Rossa Prada) and Grant Dalton (New Zealand Team ). The story was dismissed by Team New Zealand as being many months old, and predated the announcements by Oracle Racing and the Defender of the America's Cup as
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by Richard Gladwell
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