San Francisco prepares for America’s Cup in 2013

Author:
Updated:
Original:

San Francisco was selected as the host venue for the 34th America's Cup and an official celebration event will be held Wednesday in the city.

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. This will be the first time the America's Cup has been hosted in the United States since 1995.

"We sought a venue that fulfills our promise - to showcase the best sailors in the world competing on the fastest boats," said Richard Worth, chairman of the America's Cup Event Authority, in a statement. "And hosting the America's Cup in San Francisco will realize that promise. We look forward to working closely with the city of San Francisco over the coming months to create a world-class America's Cup event and a large and lasting beneficial impact on the city."

Independent studies show that the America's Cup delivers the third-largest economic impact in sport to host countries, behind the Olympic Games and soccer's World Cup. The 34th America's Cup is projected to pump an estimated $1.4 billion into the San Francisco region, organizers said.

"Today is one of great celebration, with San Francisco winning the right to host the America's Cup and all of the economic benefit, jobs and excitement that comes with it," San Francisco mayor Gavin Newsom said in a statement on Dec. 31. "San Francisco is the best place on Earth to host an event of this stature and we could not be more proud to be the city that brings the America's Cup back home to the United States."

Related

Future Sales Focal Point

This month’s Pulse Report survey asks if inventory levels and other concerns will be a factor in boat-show participation. Take the survey here.

ABYC Releases ‘Largest Update’ of Standards

The 61st supplement of its Standards and Technical Information Reports for Small Craft includes electric propulsion and electrical systems.

Fort Myers Tech Receives Training Support

Yamaha and the Marine Industries Association of Southwest Florida and Tampa Bay donate to the college’s new maintenance certification program.

LCI Reports Record Q2

The parent of OEM supplier Lippert Components saw a 108 percent increase in net sales to $1.1 billion.

Cox Marine Addresses the Supply Chain

The diesel outboard manufacturer brings all sub-assembly production in-house to obviate delivery issues.

Boat Shows and Dealer Week Are Calls to Action

Shows are one of the best ways to connect face-to-face with customers, and MRAA’s signature conference can give insights into achieving retail success.