This was supposed to be the most eye-popping America’s Cup ever. But the Italian syndicate didn’t sail against Emirates Team New Zealand this week in the Louis Vuitton Cup challengers series, allowing New Zealand to earn two points in the regatta unchallenged.
The first sailing race in the America’s Cup regatta in San Francisco on Sunday will only have one team competing after the other team announced today that it will sit out the race because of a dispute over proposed rule changes.
Exhibition races this summer ahead of the America’s Cup regatta next year may taken place in New York rather than San Francisco.
San Francisco has much work to do before it is ready to host the America’s Cup in 2013.
Facing a Friday deadline for a completed deal, San Francisco officials on Tuesday approved an agreement needed to keep alive their bid to host the 2013 America’s Cup.
A new report suggested that San Francisco’s economy would get a $1.2 billion boost if the city hosted the America’s Cup sailing contest.
San Francisco’s Board of Supervisors has voted to approve a nonbinding term sheet for hosting the 34th America’s Cup in 2013.