SailGP won't be going ahead in the city of sails next year as the Government has pulled funding.
Tourism and Hospitality Minister Louise Upston wrote in a letter to mayor Wayne Brown that the event did not meet funding criteria, which requires a specific net economic benefit.
It's been met with disappointment, as funding continues for larger events such as Robbie Williams and Linkin Park, of which some argue could have sold out on their own, without Government funding.
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