America's Cup action was postponed due to high winds on Wednesday with all four challenger play-off semi-final races moved back to Thursday in Bermuda.
Britain, meanwhile, still hasn't bounced back from its loss in 1851 to the schooner America.
In the first race, Artemis had the lead but Outteridge crossed the course boundary for an unforced error and had to slow to two boat lengths behind the Kiwis.
The capsize meant Land Rover BAR won the race, giving them some hope of recouping some of their deficit against New Zealand who are now leading 3-1 in the best-of-nine race series.
New Zealand had suffered wing failure shortly after entering the Great Sound for their first race of the day. "Full credit to them". And a huge thank you to everyone back home in Britain for supporting us. "Three and a half years ago a few of us were sitting around a table in London. what we have we have achieved today is incredible", Ainslie said in the televised briefing.
"We were really thankful that no-one was hurt", he said.
"Already the work is starting on the next campaign. and we will be that much stronger next time", he vowed.
At the finish, Ashby and grinder Blair Tuke shook hands with the other three grinders.
Ainslie, who had crossed the start line in front, immediately slowed and instructed the support boat following him to return to render assistance.
He was recovered by their chase boat, but as his crew adjusted, they fell way behind the Kiwis.
"We're bitterly disappointed to lose races and not continue in the America's Cup but that's sport and the America's Cup is a tough game".
"It's a similar situation with Formula One where they are looking for continuity and looking to try and bring more new teams in, reduce costs, so to have someone with Martin's experience in helping with those negotiations has been fantastic. There is, however, significant damage to fairings, which were ripped off by the force of the water as the bows plunged in", says the paper, adding that the yacht's wing sail "appeared to be shredded". "It has been an wonderful journey for us", Ainslie told americascup.com. I think if we can just keep the momentum going that will be our best chance moving forward.
Japan and Sweden are competing in the other semi-final. He also has a silver medal. Outteridge had to do a hard turn to avoid a collision.
The mishap occurred during the days third and final match with Artemis barely ahead of the charging Kiwis by four metres as the teams closed in on the weather mark.
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