It's the end of an era for Auckland's Viaduct Harbour precinct, now that the next America's Cup regatta will take place in Barcelona.
Team New Zealand's chief executive Grant Dalton says the decision came down to money - not enough was on offer to stay in Auckland and win.
But it leaves the city with no chance to recoup the losses it sustained hosting last year's Cup in a pandemic.
Reporter Amy Williams and camera operator Marika Khabazi have the story.
