It is too early to start talking about whether the government might put in more money for the next America's Cup campaign, Prime Minister Bill English says.
Peter Burling, 26, at the helm as Team New Zealand race to victory over Artemis. Photo: ACEA 2017 / Gilles Martin-Raget
The government contributed $5 million while the syndicate was preparing for this year's event.
Team New Zealand has confirmed its intention to hold the next event in Auckland.
Mr English said the government would work with the local council on who would stump up the money to support that event.
Auckland mayor Phil Goff said, while he would be delighted for the city to host the next cup series, the council did not have money to contribute as it was already funding major infrastructure projects.
Mr English said that would be something the government would take up with the council in the future.
"We don't want to start some three-way negotiation while they're still drinking champagne."
Labour Party leader Andrew Little said the government should support hosting the next regatta in Auckland.
"That is going to be dependent on various plans either from the team or from Auckland Council and the role it's going to play, so I think the government should be involved in that.
"Exactly what amount of money - that would be [determined] further down the track."
Sports Minister Jonathan Coleman said any decisions about exactly where other regattas might be held and whether there would be celebrations around the country was up to Team New Zealand.
There are plans under way for a victory parade, which Mr Goff said would not be held down Queen Street because of the amount of construction going on.