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Also at the dinner, athletes who may feature at Tokyo revealed the New Zealand team village and podium wear for the 2020 Games.
The Lonsdale Cup, first awarded in 1961, is the New Zealand Olympic Committee’s most prestigious award and is presented annually to the athlete or team that has made the most outstanding contribution to an Olympic or Commonwealth Sport.
It went to the Silver Ferns after the side beat Australia 52-51 in a thrilling final at the Netball World Cup in England.
NZOC chief executive Kereyn Smith extended her congratulations to the 2019 Lonsdale winners.
"The Netball World Cup win united the nation and inspired athletes around the country. The team is generous and community focused, and are fantastic role models for girls and young women. I congratulate them and thank them for their contribution."
Silver Ferns coach Noeline Taurua earlier said in a statement it was a privilege and honour and the side was very humbled.
"I would also like to acknowledge the wider netball community who contributed to the Ferns’ success at the Netball World Cup and thank the New Zealand Olympic Committee for this special award," she said.