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Emirates Skipper: ‘Vultures Circling’ Defeated Team New Zealand

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Emirates Team New Zealand skippered by Dean Barker react after losing to Oracle Team USA skippered by James Spithill in race 19 of the America's Cup Finals on September 25, 2013 in San Francisco, California. (credit: Ezra Shaw/Getty Images)

Emirates Team New Zealand skippered by Dean Barker react after losing to Oracle Team USA skippered by James Spithill in race 19 of the America’s Cup Finals on September 25, 2013 in San Francisco, California. (credit: Ezra Shaw/Getty Images)

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   WELLINGTON, New Zealand (AP) — Team New Zealand skipper Dean Barker says “the vultures are already circling” the defeated America’s Cup challenger and that the team will likely fold unless action is taken to secure its future.

Barker told New Zealand’s TV3 network on Tuesday “a small window of opportunity” existed to raise the funds needed to continue and ensure a fresh challenge for sailing’s oldest trophy.

Team New Zealand, partially funded by the government, led 8-1 before being beaten 9-8 by Team USA in the America’s Cup finals series that ended last week on San Francisco Bay.

Barker said rival teams were poised to swoop in on New Zealand’s top sailors.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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