(Reuters) - America's Cup holder Team New Zealand (TNZ) has rejected its home government's offer to host a match defending its trophy in Auckland and will now look at options offshore, the sailing outfit said on Wednesday.
TNZ, who retained the "Auld Mug" earlier this year in Auckland with a 7-3 victory over Italy's Luna Rossa, had been negotiating with New Zealand authorities on mounting another defence in the nation's largest city.
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