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Dotcom prepared to put millions behind Team NZ

Published: 9:19AM Friday September 27, 2013 Source: ONE News

  • Kim Dotcom (Source: ONE News)
    Kim Dotcom - Source: ONE News

Multi-millionaire internet mogul Kim Dotcom has thrown his weight behind a future Team New Zealand America's Cup challenge.

Team NZ's future is uncertain after America's Cup defenders Oracle Team USA completed eight consecutive wins to turnaround an 8-1 deficit and dash any hopes of the Auld Mug returning to New Zealand.

Prime Minister John Key said yesterday he had not yet discussed whether the Government would fund another cup campaign.

Dotcom, who has a tense relationship with Mr Key, said this morning his file hosting website Mega would fund a Team NZ campaign for 2017.

"Prime Minister John Key says no more funding for Team NZ? I say #Mega will become a Team NZ sponsor & we will win next time. #AmericasCup," hetweeted this morning.

Dotcom told ONE News he was serious about contributing millions into an America's Cup challenge, regardless of whether the Government contributed or not.

He said he was yet to speak to anyone from Team NZ about the project, but said he could not think of a better brand to be associated with. is preparing to list on the New Zealand stock exchange and will be looking to invest its marketing budget in new projects.

Dotcom said like most Kiwis, he had been glued to racing for the past two weeks and was impressed by Team NZ's skill.

He said he identified with the sport's focus on technology and innovation and liked the idea of going head to head with another technology mogul, Larry Ellison.

Dotcom, who founded file sharing website Megaupload, is fighting extradition to the US where authorities allege the firm and its owners had committed mass copyright infringement and money laundering worth more than US$500 million.