Team New Zealand takes Swiss champion to court

MADRID: The New Zealand syndicate for the next America's Cup race said Thursday it is seeking "tens of millions of euros" in compensation from Swiss champion Alinghi over the event's postponement.

Team New Zealand said it had filed a case with a New York court claiming damages for breach of contract arising from an agreement covering its entry for the 33rd edition of yachting's showpiece event.

The agreement included an "understanding entered into by (Alinghi boss) Ernesto Bertarelli that the America's Cup would go ahead in 2009," it said in a statement.