Team NZ have a significant advantage right now - they seem to be the fastest boat
Both boats tack to the right with Team NZ well in front.
We're approaching gate three now - Team NZ have shown they are the fastest boat up-wind.
We're around mark three and Team NZ are ahead as we head down-wind towards mark four.
It's Team New Zealand's race to lose now.
They're the faster boat up-wind and this is a big blow in the grand scheme of things.
Bit early in the morning for me - but there does look like there will be reason for a celebratory brew.
Team NZ with a 430-metre lead now. This race is as good as over.
Aside from a slight error at the bottom mark when Oracle grabbed the lead, this has been a fantastic first race from Dean Barker and co.
It sure has been. Team NZ still hold a sizeable advantage as they cross mark four.
It's a straight shot to the finish now and Team NZ will take the first race.
Team NZ approaching the finish line now.
And Team NZ takes the fist race!
Wow, what a start from the Kiwis.
Only half an hour or so to race two - Team NZ with a big psychological advantage as they now they are the faster boat.