Emirates Team New Zealand's new AC750 - the boat to defend the America's Cup at Barcelona later this year - has made its first public appearance at their Auckland base.
Transported from their North Shore build facility under cover of darkness, the vessel has been revealed at their Wynyard Point headquarters to prepare for its official launch next week.
"It is always a pretty significant moment for any team - the first time their raceboat emerges from the shed and sees the light of day," said chief operations officer Kevin Shoebridge. "These moments are some of the most revealing of any campaign.
"So much of any America's Cup campaign goes on behind closed doors, and with the utmost secrecy protecting designs and plans, but there always comes a time when you need to show some of your cards.
"Although what we have revealed today is not all of our cards, it sure gives everyone an indication of our design path."
The boat will have its first competitive outing in August at the last of three preliminary regattas at Barcelona, where defenders New Zealand line up against the five challengers - Alinghi of Switzerland, Luna Rossa of Italy, American Magic of the United States, Britannia of Great Britain and Orient Express of France.