San Francisco To Host America’s Cup
After months of speculation, San Francisco has been selected as the host venue for the 34th edition of the America’s Cup.??
An official celebration event will be hosted in San Francisco on 5th January, and the San Francisco Bay will be home to the 2013 America’s Cup Finals and the Challenger Selection Series for the Louis Vuitton Cup, as well as an America’s Cup World Series event in 2012.??
‘We sought a venue that fulfills our promise – to showcase the best sailors in the world competing on the fastest boats and hosting the America’s Cup in San Francisco will realize that promise,’ said Richard Worth, Chairman, America’s Cup Event Authority.??
The 34th America’s Cup is reportedly projected to add an estimated $1.4 billion dollars into the San Francisco region.
??Britain’s Team Origin will not challenge for the next America’s Cup, scheduled for 2013 after BMW Oracle unveiled a controversial raft of new ideas and rules – leading to the team withdrawing from the race.
??The lack of entries for the next America’s Cup in 2013 has forced the flagship sailing race’s organisers to slash entry fees by almost three-quarters.
??Only five teams, including defenders BMW Oracle and challengers of record Mascalzone Latino, have committed to the event which is due to kick off next June with a series of preliminary regattas in smaller versions of the official America’s Cup 72ft wing-masted catamarans.
