There's concern over the cost of staging the event.
Government has advised against the plan for Cork to host the America's Cup yacht race.
Minister Simon Coveney brought forward plans for the prestigious racing event to take place in Cork Harbour before the Dáil recess.
But last night, Department of Sport officials expressed concerns the process was rushed and the uncertainty around costs for the race - with fears it may end up costing the State.
Niall Hawes from the Commodore of Cove Sailing Club says there is massive disappointment to the Government's advice as this is a one-off opportunity
Michael Moynihan: Farewell to America’s Cup 2024 — foundered on lack of political will https://t.co/k93RM0jU91— Irish Examiner (@irishexaminer) September 16, 2021