Artemis Racing reaches America's Cup challenger finals

Watch: America's Cup Boat Capsize Spectacularly—But Team Still Leads Semifinal

Team NZ crash spectacularly while chasing Ben Ainslie's Team Land Rover BAR in America's Cup race

The cry of "man overboard" was the climax of a dramatic first day of the Louis Vuitton Challenger Series final in Bermuda, with Emirates Team New Zealand taking a 2-1 lead in the best of nine series.

The Kiwis won two of three races against Ainslie's Land Rover BAR on Bermuda's Great Sound on Thursday to win the series 5-2 and advance to face the victor of the series between Sweden's Artemis Racing and SoftBank Team Japan.

The New Zealand team held a 3-1 lead before Thursday's races, and secured a 5-2 overall victory to end Ainslie's dream of "bringing the America's Cup back to Britain".

The Challenger final victor progress to the America's Cup decider against defending champions Team USA, who have another Novocastrian, wing trimmer Kyle Langford, on board.

Team New Zealand would probably look to do something similar, in terms of juggling the personnel left on board.

Sailing's most successful Olympian added: "I couldn't be prouder of the team today".

"It's really easy to get a lit bit caught up in the battle and forget the actual details needed to sail well", Outteridge said.

ALL SQUARE: Sweden skipper Nathan Outteridge climbs across the Artemis Racing boat at the America's Cup Challenger Play-offs in Bermuda.

"I was just looking for something to grab onto", said Outteridge, an Australian who has won Olympic gold and silver medals.

The fairings, which help streamline the boat, were completely ripped off by the force of the boat's fall into the water, while there was also significant damage to the wing sail.

The challenger final resumes on Sunday with three more races.

"We will be back next time and we will be stronger", he vowed.

"I think it's full credit to our shore crew and everyone who pitched in after our capsize the other day to get us back out here with a boat that is working 100% and going fast", Burling said.

In the first race, Artemis had the lead but Outteridge crossed the boundary for an unforced error and had to slow to two boat lengths behind the Kiwis.

Interestingly, Team New Zealand have developed a new way of transferring him from hull to hull during turns in lighter winds, getting Burling to take the long route around the front of the wingsail to maximise weight over the top of the foils and maintain speed. Race officials later said Artemis shouldn't have been penalized.

The Mummy Bombs Domestically; Makes Back Budget Internationally
California, China sign climate deal after Trump's Paris exit