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| - Team New Zealand denied Friday that it was responsible for the technical failures threatening to torpedo British sailing legend Ben Ainslie's America's Cup challenge. Ainslie's INEOS Team UK yacht failed to finish either of its two heats at a warm-up event in Auckland on Thursday after it broke down and was left dead in the water. The four-time Olympic champion said the problem was with a part supplied by Team NZ for the hi-tech foiling arms that lift the 23-metre (75-foot) yachts above the surface of the water. Ainslie, whose boat is in doubt for the rest of this week's warm ups because of the issue, said the New Zealanders had been reluctant to share details that could resolve the problem. "We've probably lost weeks of this campaign on the water dealing with the foil cant system," he said after the embarrassing flop. Team NZ described the remarks as "completely incorrect and inaccurate", saying all four syndicates involved in the regatta were using the same component and had to take responsiblity for its maintenance and operation. "In Team NZ's experience if all maintenance and start up procedures are followed correctly, the system operates as designed," it said in a statement. "As far as the defender (Team NZ) is aware INEOS Team UK's foil cant system is fully operational." Four yachts are involved in the Auckland event, hosts Team NZ, INEOS Team UK, American Magic and Italy's Luna Rossa. INEOS Team UK is believed to have the largest budget, reportedly bankrolled by British billionaire Jim Ratcliffe to the tune of 110 million pounds (US$150 million). The warm-up races, which run until Sunday, have no bearing on the America's Cup proper. Racing gets serious in January, when the three challengers compete for the Prada Cup, with the winner earning the right to take on Team NZ for the America's Cup in March. ns/al/dj
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