60 seconds from the start as both boats jostle for position.
Team NZ set up on the left at the moment...
Oracle coming at Team NZ but Oracle then commits to the windward side.
And as we cross it's Team NZ clear ahead!
Big nose dive from Oracle doesn't help their cause.
Great start from Dean Barker as Team NZ round mark one in front.
Both boats up on the foils and Team NZ have the early advantage.
Well, if this race follows the trend of the previous, look for that to only increase.
Team NZ about 100 metres in front, both boats pushing 37 knots.
Oracle have settled in behind Team NZ but they will have to find something special on the upwind leg to turn this race around.
Oracle about to gybe as they maintain a deficit under 100m.
Team NZ follow Oracle's lead and gybe to the left. Still ahead.
The boats now approaching mark two - then will will again see Kiwi yachting fans' new favourite term: upwind speed.
And Team NZ round mark two in front, Oracle about eight seconds back.
Well, now we will see if Oracle's boat changes will do anything to make up the advantage Team NZ have shown on the upwind leg.
Larry Ellison may be about to send Jimmy Spithill on a trip to Belize if he can't turn this around #breakingbadjoke
Oracle do seem to be showing improves speed at the moment - Team NZ are yet to pull away, as they have in the past.
Maybe so, Jim. We all mocked it at the time, but maybe they knew what they were doing...
Big gain by Oracle as Team NZ tack. The defending champs are matching the challengers upwind.
Team NZ showing a lead of 40m as the boats prepare to converge in the middle of the course.
Team NZ cross in front but there's only a boat length or two in it.