France knocked out of America's Cup sailing by dominant New Zealand

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However, with Oracle Team USA's place in the America's Cup Match already assured as the Defenders of the "Auld Mug", Emirates Team New Zealand were handed the opportunity to select their opposition in the next stage after finishing as the next highest seeded team from the final qualifiers standings.

After enjoying two nearly flawless wins, the challengers got off to the worst possible start by copping a double penalty at the start. "We have struggled in the light air, our competitors know that, so we'll be keen to crack into racing tomorrow".

In the first two races of the day, the New Zealand and Swedish crews dominated from start to finish, making few mistakes and giving their opponents little chance to pass.

Jimmy Spithill, the Oracle Team USA skipper, believes the bonus point they earned after beating Emirates Team Zealand could prove “incredibly important” in determining in the outcome of the Americas Cup.

"The shore team got us in a position to win", he said. “We definitely feel like weve got a lot more to come and were really excited with how its playing out so far.”.

That gives the U.S. team a point in the America's Cup Match, presented by Louis Vuitton, the final round of the events taking place now in Bermuda.

"We clearly had some issues controlling that daggerboard and we knew we had a big race coming up against France and chose to give our guys a chance to fix the issue, which they did brilliantly as always", Ainslie added.

Oracle Team USA top the standings with seven points with Emirates Team New Zealand second on six, Land Rover BAR third on five and SoftBank Team Japan fourth on three points.

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Getting an America's Cup boat on the water, let alone competing with Oracle Team USA and Artemis Racing which are both backed by billionaires, costs tens of millions of dollars.

Team NZ won eight of their 10 races while the British boat managed only four wins, failing to match their lofty pre-regatta expectations.

Sailing in a flawless 13-15 knot breeze, strong starts and boat speed were the key factors in the Kiwi team dominating both races.

Oracle will now train on its own while the challengers sail their semifinals, which start Sunday, and finals.

Even if the French crew skippered by Franck Cammas beat Sweden's Artemis Racing on Saturday, an inferior track record in the pre-event series means they can not overcome the other teams who are also seeking to challenge Oracle Team USA.

The Kiwis also beat SoftBank Team Japan by 51 seconds, staying on their foils 99.6 percent of the time.

SoftBank Team Japan had earlier shown their superior speed and foiling technique against Groupama Team France after their skipper Dean Barker got the better start and built on his lead.

The New Zealand team will be looking to bounce back quickly from yesterday's demoralising loss to Team USA.