Wednesday 10 November 2010

34th Americas Cup won´t be held in Valencia

The chances of the next America's Cup to be held in San Francisco with the Golden Gate Bridge, Alcatraz and Coit Tower in the background have today been put at the top of the list and ruled out any chances that Valencia may have had at hosting the next edition of the most important sailing competition .
The Golden Gate Yacht Club has reached an agreement with BMW Oracle, defender of the America's Cup, and now the Board of Supervisors must approve the agreement so that the most important sailing competition in the world can move from Valencia to the U.S.. Six of the 11 supervisors are co-sponsors of the draft agreement.
The Board of Supervisors voted 9-2 to approve the date of October 5 for a list of conditions prior to the agreement to help raise 270 million dollars needed to cover the costs of organizing the race.

"I think this is more than significant," said Tom Ehman, spokesman for the GGYC and member of its Committee of the Copa America. "It'sa great step forward for the 34 th edition of the Americas Cup and San Francisco Bay could not be a better place for sailing. Personally, I GGYC and we are very excited about the prospects and excited about this new development."
Mayor Gavin Newsom, agrees.."There is no better partner for the America's Cup than in San Francisco," said San Francisco Mayor Gavin Newsom in a statement. ''This is the opportunity of a lifetime, we should not pass up. "

The only oposition to San Francisco is Italy, having confirmed that Valencia could only be host to a "preliminary" round and not the finals. "I think it's fair to say that if Italy did not meet or exceed what is offered from San Francisco, San Francisco will hopefully give the okay," said Ehman. "We have to wait to see if supervisors approve it and we have to wait to see the final offer from Italy."

 

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