America's Cup 2021: New York Yacht Club handed fine for American Magic's close shave with Auckland ferry

The New York Yacht Club has been issued a fine after one of its vessels had a close call with an Auckland Ferry.

The NYYC was represented by American Magic in the Prada Cup, which was bounced out of the challengers series following a horror capsize during the round-robin stage.

'Defiant', which preceded 'Patriot', was found to have been exceeding the five-knot limit while within 50 metres of another vessel.

The incident occurred during a practice run in September, when American Magic narrowly avoided a Waiheke Island-bound ferry.

Maritime New Zealand has dished out a $200 fine to the Americans, who had an unceremonious departure from the regatta after entering the challengers series as favourites.

Video of the incident on Auckland's Waitematā Harbour went viral on social media with the ferry's captain showing a moment of panic.

"I've got to slow down," he could be heard saying.

"I don't know where that yacht's gone."

Winless through the first three races of Prada Cup round-robin, American Magic had a horrifying capsize when leading against INEOS Team UK, suffering catastrophic damage that hampered the remainder of the campaign.