[Source nzherald.co.nz] AFP - Team New Zealand said on Tuesday it was withdrawing its legal action against Swiss champions Alinghi to ensure they would take part in the Pacific Series in Auckland in February.Team New Zealand managing director Grant Dalton said Alinghi had committed to sending a competitive team to Auckland if the legal proceedings were withdrawn.
"It is our view that this regatta, and Alinghi's participation in it, is an important initiative towards repairing the harm that recent events have done to yacht racing at this level," Dalton said in a statement.
"For that reason we are prepared to respond positively to Alinghi's commitment to the regatta by meeting its condition of discontinuing our proceedings." - Read more
