The bidding process to host the next America's Cup attracted 35 expressions of interest from around the world with Ireland now down to the final two.
The number was revealed as Ireland's Minister of Foreign Affairs updated his cabinet on the Irish bid to hold the 37th edition of the America's Cup in Cork in 2024.
As Afloat reported earlier, Simon Coveney, a Cork Harbour sailor himself, explained details to his colleagues on Tuesday and appeared confident about Ireland's chances.
The possibility of Team New Zealand defending the Cup offshore has increased after a $99m bid by the New Zealand government and Auckland City was turned down because it didn't stack up financially, according to Stuff.co.nz
Coveney confirmed to his cabinet that Ireland had been shortlisted to host the event.
"There were initially 34 other countries expressing an interest. It was then reduced to 12 or 14 and then reduced to a much smaller number," Coveney explained after the cabinet meeting in a report carried by RTE and the Irish Times.
He said that Ireland can "host a fantastic 37th America's Cup, if we're given the opportunity to do it. And I think we're right in there with a chance to win".