Tuesday, March 9, 2010

Port Commission to do 'everything possible' to secure America’s Cup

By: John Upton - http://www.sfexaminer.com/

Port of San Francisco commissioners plan to do “everything possible” to attempt to bring the 34th America’s Cup to San Francisco.

The United States is slated to host the next cup, after Larry Ellison’s BMW Oracle Racing’s trimaran won this year’s event.

The team was sponsored by the Golden Gate Yacht Club. Bay Area leaders have called on the team to select San Francisco Bay as the location for next race.

The Port Commission on Tuesday afternoon were scheduled to approve a resolution in support of efforts to bring the next race to the Bay.

“Holding the America’s Cup Race on the San Francisco Bay will bring significant major sporting event income into the local economy from teams’ operating expenditures, and increased private and corporate tourism to watch races on the same order of magnitude as the Olympic Games, Super Bowl or World Cup,” stated the resolution.

“Having the America’s Cup Race on the San Francisco Bay would continue and support San Francisco’s already high profile as one of the top destinations in the world and the Port’s mission of attracting more visitors to the waterfront and the Bay Area,” it stated.

The resolution resolves that the Port Commission, in partnership with Mayor Gavin Newsom’s office and the rest of the San Francisco family, “will do everything possible to secure a San Francisco venue suitable for the hosting of the 34th America's Cup on the San Francisco Bay."