WELLINGTON (Reuters) - New Zealand has confirmed it will contest the 35th America's Cup in 2017, seeking to win a trophy it had within its grasp last year only to lose in one of the great sporting comebacks.
A challenge from Emirates Team New Zealand, which lost 9-8 to Oracle Team USA after surging into an 8-1 lead, had been in doubt because of reported difficulties raising finances and the government's reluctance to contribute.
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