Team New Zealand capsizes in America's Cup challenger race

Other members including helmsman Peter Burling were left suspended in the upturned hull

The Kiwis will now take on either SoftBank Team Japan or Artemis Racing of Sweden for a chance at another shot at Oracle in the 35th America's Cup Match starting June 17.

While Dean Barker sailed an nearly faultless race, Artemis Racing did not make the mistake the Japanese team would have been hoping for and Nathan Outteridge steered his team home with a 28 second victory, levelling the scores at 3-3 ahead of the teams' third and final battle of the day.

Holders Oracle Team USA await the winners of the challenger final in the America's Cup.

"That was a tough race and to come back from 3-1 down - the boys really dug deep".

"Ultimately we weren't able to catch up with the existing teams in time", sailing's most successful Olympian, who is not used to losing, added.

If Oracle Team USA or Artemis Racing win, a framework has been agreed among five of the teams for taking it through to the next event, once again in the high-octane foiling catamarans which have proved popular with sailors and broadcasters.

Burling said the capsize "was fully our error" as the boat accelerated and got high on its foils. A spokesman said the shore team worked through the night and that the boat will be ready for Thursday's three scheduled races. "I think for myself in that second race, we definitely missed a few shifts and definitely a lot to conservative in the start", he said.

"It's two big, well-supported teams going head to head", he said.

Team New Zealand tried to adjust during the second race of the day when their yacht pitched out of the water and capsized - falling over its own wingsail. He also has a silver medal. "We had a couple divers inspect the boat and couldn't find damage but it eliminated 45 minutes of practice for us where we would normally spend preparing for those conditions".

Ainslie thanked his crew at the end of the last race for the best performances of the competition, but their effort was not enough to fulfil the British dream to "bring the cup home" to Britain, where it was first won in 1851 by the schooner America.

Outteridge had outsmarted his long-standing rival Peter Burling at the start and the crew of six elite sailors managed to fend off New Zealand's repeated attempts to pass them.

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