16 Dec 2011

Hockey, equestrian and basketball get more money

4:03 pm on 16 December 2011

New Zealand athletes and teams who have performed well this year and those likely to do well at next year's Olympics are the big winners in the latest investment funding announcement by High Performance Sport New Zealand.

Hockey gets a top-up of $600,000 over and above their existing funding following the men's and women's teams success at the Champions Trophy tournaments.

Equestrian eventing gets an extra $250,000 as they target medals in London, while the men's and women's basketball teams get $500,000 million as they try to qualify for the games.

Rowing is set to get an extra $500,000, bringing annual investment in its high performance programme to $4.82 million.

BikeNZ will get an extra $200,000, taking their total investment to almost $ 4.3 million, and rugby sevens will get $800,000 year.

High Performance Sport New Zealand's acting Chief Executive Martin Toomey says the focus is on 2012, with new and continued support geared towards athletes aiming for podium finishes or top 16 results next year.

Toomey says the applications were for about twice the amount of money available.