And Oracle are around mark four holding a significant lead.
They now just have the sprint to the finish.
Team NZ are yet to round the fourth mark, more than 30 seconds back.
Oracle have the finish line in sight as Team NZ round mark four.
The deficit at the fourth mark is exactly one minute.
Team NZ made two big mistakes, which cost them the race. The first saw them misjudge a cross when on port (Oracle had all the rights) and they were smacked with a penalty. They then did two gybes at the bottom mark which saw them lose both speed and time and handed Oracle the initiative.
And Oracle only moments away from crossing the finish line.
A come-from-behind victory to keep alive their hopes of retaining the Auld Mug.
Of course, Team NZ were denied victory in the first race when the race was abandoned because they exceeded the time limit with Team NZ more than 1000m ahead
Emirates Team New Zealand 8 Oracle Team USA 3
Oracle go for a flyby, Top Gun style, in front of the fans at the dock
Spithill: "We're still there."
Team NZ remain on match point. Oracle need to win six more races.
And Team NZ cross the line 1.24 behind.
A hugely disappointing day for the Kiwis.
That was disappointing from Team NZ and they look frustrated
And Team NZ will get ANOTHER chance of claiming the America's Cup tomorrow morning.
Team NZ made a great start in that race, denying Oracle the hook but they made two big mistakes to hand Oracle the initiative
Oracle have won two straight races since Team NZ got to match point and that, along with a few abandoned races, has prolonged the competition.
So that's race 14 at 8.15am tomorrow and race 15, if needed, an hour later.
Thanks for following along, everyone. Stay tuned for some reaction from the boats.