It is expected that Yachting New Zealand will regain its position and will be sent back in form soon.
It seems like Yachting New Zealand will uphold the momentum that it achieved at Rio Olympics and have a good chance of repeating things. Reason for this is increasing in funding of Yachting from (HPSNZ) High Performance Sport New Zealand. Yes, HPNZ has increased the funding of club considering its performance and need.
From this Olympic cycle Yachting will get 15.1 million NZD dollar from HPSNZ, the funding will remain continue for four years. Yachting, used to receive 12.45 million dollar, NZD from HPSNZ till the last Olympic cycle. But, considering the need of game the core funding of the game has been increased. (more…)