Matt Brown reports.

It's understood another syndicate has also entered.

The Royal New Zealand Yacht Squadron and Team New Zealand have been approached for comment.

>> More Sailing News

Other Sailing News

05 Apr: New 49er Olympic pair Will McKenzie and Isaac McHardie will lean on the advice of double medallist Jo Aleh as they enter their maiden Games in Paris

05 Apr: Taking the tiller from sailing greats Peter Burling and Blair Tuke is hopefully a boon, not a burden, for their New Zealand Olympic replacements

25 Mar: New Zealand have cashed in on Australia's misfortune at their home SailGP event in Lyttelton

23 Mar: New Zealand SailGP driver Peter Burling has challenged his fellow competitors to introduce fan-friendly team identities

23 Mar: The table-topping Australian SailGP team is hopeful the strong winds forecast for this weekend's regatta in Lyttelton will materialise

22 Mar: The New Zealand SailGP team are embracing home advantage ahead of the second edition of the Lyttelton regatta starting tomorrow

07 Mar: Organisers of Lyttelton's Sail GP regatta are expecting record breaking crowds

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