Team New Zealand is cautiously positive about a new plan for an America's Cup Village in Auckland, but its head Grant Dalton says he's "a bit pissed off".
Mr Dalton, the chief executive, said there were unanswered questions about whether the government's new plan could be built on time and there was no agreement yet.
The new plan drops a previously-planned extension of Hobson Wharf which would have been the permanent home for Team New Zealand.
It retains a smaller extension of Halsey Street Wharf, but aims to clear a second bulk fuel storage facility on Wynyard Point to create more space.
It was that facility which was holding up a decision.
"This negotiation [with Bulk Storage Terminals] needs to be concluded before this plan could be considered viable," Mr Dalton said.
"The government is seeking a second expert opinion on the timetable issue and we support them in doing this.
"There is little point in agreeing to a plan that can't be delivered on time," Mr Dalton said.
He was critical, however, of the government's lead minister David Parker stepping away from what Mr Dalton called a "commitment" that the team would get a permanent base on Hobson Wharf.
"To be honest I'm a bit pissed off with this, but I will live with an equal base at the eastern end of Halsey Street Wharf."
"He has been forced by Viaduct Harbour Holdings threat to disrupt the resource consent process to back away from that."
Negotiations continue on the village plan, and separately on how to share the costs of the 2021 regatta between Team NZ and the public sector.
"We have a meeting with challengers in Europe at the end of this month, and confirmation of Auckland as a venue, and the class (boat design) rule, are eagerly awaited by them," Mr Dalton said.