Skip to main content

America’s Cup authority plans to hire 120 workers

The America's Cup final is still two years away, but the business arm of the sailing event has plans to grow its San Francisco-based staff to 120 people.

The America's Cup Event Authority - which is in charge of generating revenue for sailing's most prestigious contest - will hire as many as 120 people in its San Francisco office during the next two years. It has no employees now, the San Francisco Business Times reported.

The new hires will be in charge of lining up sponsorships, televising the races, marketing, merchandise sales and the myriad other commercial aspects of the 34th America's Cup.

The event authority, headed by chairman Richard Worth and CEO Craig Thompson, is also looking for office space, which needs to be large enough to hold about 30 people during the next few months for the first wave of hires.

San Francisco was awarded the 2013 America's Cup on Dec. 31. It was a victory for city officials, who hope the event will pump 8,000 jobs and about $1 billion into the local economy, the newspaper reported.

Click here for the full article.

Related

1_RIGHWHALES

Industry Pushes Back Against Speed Restrictions

A NOAA Fisheries proposal would restrict boats 35 feet and larger to a 10-knot speed limit along the East Coast to protect right whales from vessel strikes.

4_MAGONIS

Magonis Opens Connecticut Office

The Spain-based, electric-boat builder offers an 18-footer that’s available with motors from Torqeedo and Mag Power.

01_YOUTH.FISHING

Bill Seeks to Increase Youth Fishing

The bipartisan Coastal Fishing Program Act of 2022 would ease barriers to accessing the outdoors in underserved communities.

Norm

Fall Is in Full Swing

With the autumnal equinox ushering in a new season today, the fall boat-show circuit is in high gear. Here are some recent reports and a look at what’s to come.

3_MANUFACTURER.CONFIDENCE

Manufacturer Confidence Drops

Still, U.S. builders remain largely optimistic despite ongoing constraints with the supply chain and workforce, as well as yesterday’s interest rate hike.

1_TEMO.DEFENDER

Defender Adds TEMO Electric Boat Motor

Defender Industries is the official U.S. dealer for the French company’s lightweight, portable electric motors.

2_TWIN.DISC.BELGIUM

Twin Disc Sells Belgium Facility

The transmission manufacturer is still using the facility in a leaseback transaction as it looks to reduce costs.