sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery

 

Sail-World.com : America's Cup: 'Sign by Friday' San Francisco given ultimatum on venue

America's Cup: 'Sign by Friday' San Francisco given ultimatum on venue

'In less fraught days - San Francisco (USA,CA) - 33rd America’s Cup - BMW ORACLE Racing - USA Victory Tour - Day 2 -Reception at City Hall, Mayor Gary Newsom (left), BMW Oracle’’s Larry Ellison (centre) and 30 year Cup veteran - but still young, Tom Ehman, Head of External Affairs, for BMW Oracle Racing.'    BMW Oracle Racing © Photo Gilles Martin-Raget    Click Here to view large photo

The well connected America's Cup correspondent for the Associated Press, Bernie Wilson, is reporting that San Francisco City Hall has been given until next Friday, 17 December, to sign an acceptable agreement to host the 34th America's Cup.

He reports the Chief Operating Officer, Stephen Barclay, a New Zealander now based in the BMW Oracle Racing facility in Warkworth, 40 minutes north of Auckland, says that 'a letter was delivered to Mayor Gavin Newsom and other officials informing them of the deadline.

'Barclay says San Francisco officials have changed key points in an agreement that had been negotiated between the city and the yacht club and then sent to the Board of Supervisors for approval. Barclay says San Francisco officials are 'holding on by their fingernails.'

To read the full story click here

The sail-inspired 'mast' in this artist’s impression of the renovated Piers 30-32 in San Francisco -  .. .  
At the heart of the issue is the inability of San Francisco to fund the capital works required for hosting the 34th America's Cup. In turn it has passed this cost, estimated at $150million, onto the Defending team, BMW Oracle Racing and its owner, billionaire and San Franciscan resident, Larry Ellison. In return Ellison and his associates have been offered a long term lease on the facilities in prime waterfront real estate.

Further the City itself would not stump up with a venue fee, but instead proposed an arrangement whereby this fee of $270million would be funded by private sources.

In return the City would receive and estimated $1.4billion of economic benefit, and thousands of new jobs both from the construction and ongoing services during the America's Cup and its supporting events.

Although the deal seemed destined to be passed by the City's Supervisors, and second plan was mooted which would involve moving the proposed base to another location, deemed to be less cost for the City.

BMW Oracle Racing was reported, indirectly, to be comfortable with this move.

An old image (pre ’89 quake) of Piers 30-32: Located just south of the San Francisco/Oakland Bay Bridge on the Embarcadero, The Public Pier for the 34th America’s Cup -  Erik Simonson?nid=77988_©_www.pressure-drop.us  
However the crunch seems to have come, as the deadline of 31 December 2010, imposed by BMW Oracle Racing and their club, Golden Gate Yacht Club, in their Protocol governing the 34ths America's Cup signed with the Challenging Club Nautico di Roma and their team Mascalzone Latino.

That deadline is now three weeks distant, with San Francisco's City Fathers seemingly unable to decide which course they wish to steer. That three weeks, is in reality just two weeks away, given the Christmas break.

It has been reported elsewhere that negotiations have now been re-opened with Newport, Rhode Island. originally discounted along with the other US venue, San Diego, in favour of a unified US effort in competition with an unnamed Italian venue, believed to be near Rome. Both the other US venues had previously staged America's Cups.

Late last week the a reporter for the San Francisco Weekly wrote:

During yesterday's committee hearing regarding the hosting of the America's Cup regatta, Supervisor Ross Mirkarimi warned his colleagues that former race site Newport, R.I. is clamoring to sail off with San Francisco's prize following any 'glitch or defect in our process.'

This, it turns out, is an understatement.

The city manager of Newport, R.I. confirmed to SF Weekly that officials from his city and state would love to have the race there -- and have long been in communication with Larry Ellison, the Oracle CEO and yachting billionaire, whose successful racing team will eventually pick the site of the 34th America's Cup. Newport's incoming mayor said he and others would do 'whatever it took' to host the regatta.

As well as serving as city manager for Newport, Ed Lavallee is a member of the state's America's Cup Planning Committee. He said that he has 'made overtures to Oracle,' as have state officials from the Rhode Island Economic Development Corporation. 'Emissaries' were sent to San Francisco to meet with Ellison in person, he says.


For the full story click here?nid=77988

Another option, in Valencia was also excused from consideration at a later stage, which was followed by an outburst from a disappointed Mayor of the Spanish city which has twice staged America's Cup regattas.

Bernie Wilson also reported that Newsom's spokesman, Tony Winnicker, confirmed receipt of the letter from Barclay. 'We're confident we'll put forward the best possible bid for the team to consider well in advance of the date it has set,' Winnicker told Wilson.

'We have always believed that this is a serious competition,' Winnicker said. 'We believe this would be an unmatched opportunity for the America's Cup right here in San Francisco. We're going through this because we want to win. We want to bring it here.'

Despite the fine words from City Hall, 10 months after winning the America's Cup, there is still no Heads of Agreement contract in place between the City Officials and Golden Gate Yacht Club. Other venue options are being actively pursued, and that tempo has increased in recent weeks.

San Francisco’s City Fathers seem to be unable to get it together to capitalise on the benefits of having one of the best natural sailing venues in the world. -  Rich Roberts?nid=77988 ©   Click Here to view large photo

Five teams have entered the 34th America's Cup, with others, such as Emirates Team NZ, the most successful professional racing team in sailing, saying they cannot really progress discuss discussions with sponsors until the venue is selected - be it in USA or Europe. They have also said that Europe is clearly the least preferred option for them.

Upwards of 20 teams have been represented at two prospective challenger meetings staged in Paris and Dubai, however the indecision from San Francisco would now seem to be an obstacle to participation. Even if the venue were announced within the deadline set by BMW Oracle Racing, the prospective teams only have three months left to assemble funds and sponsorship before the entry deadline of 31 March expires.

By contrast the City of San Francisco has had almost ten months to come up with a determination that it will be the Defence venue, and to provide the very modest level of funding required.

Auckland’s Viaduct harbour in a second stage of development - City funded - showing its multi use as a convention centre, fishing harbour, superyacht servicing area and harbour gulf/cruise facility - all bringing jobs and dollars to a once derelict area of Auckland. -  © Richard Gladwell?nid=77988  

Previous America's Cup venues constructed on a ground zero basis - Auckland's Viaduct Harbour and Valencia's Darcena have been City and national government financed projects - turning derelict waterfront areas in major focus points for their downtown areas. Auckland's is now being redeveloped for a second time, with team bases cleared away and large event stadiums being constructed on the flat areas providing for a major convention industry and associated services.

San Francisco's plan to rejuvenate dilapidated wharves is less ambitious, and does not involve the contentious dredging activity associated with Valencia and Auckland.

While many will wax long about the philosophy of state funded facilities, the simple fact is that without state or local body funding many facilities, now regarded as absolute City jewels, would not be built. For Governments, the trade-off is not so much how much money is required to be outlaid, but the return in terms of all forms of taxation, increased tourism, publicity and exposure for the City - often in areas and media that just could not be bought in conventional terms. That exposure in turn has a spin-on effect for the City in terms of commercial spend and other economic tangible and unforeseeable benefits.

It is an economics lesson that San Francisco's City Fathers seem to have yet to learn.

For an earlier story on the venues issue click here?nid=77988

The Darcena at Valencia was constructed at short notice by progressive city authorities able to find their way through the Spanish political morass -  http://www.go4image.com!©_Juerg_Kaufmann_go4image.com   Click Here to view large photo




by Richard Gladwell

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=77988

9:44 PM Sat 11 Dec 2010 GMT






Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
2013 America's Cup

Related News Stories:

27 May 2014  America's Cup: Oracle Team USA under stress
23 May 2014  America's Cup: Oracle and Team NZ designers reveal AC72 secrets
22 May 2014  America's Cup: Artemis death verdict 'result of an human act'
10 May 2014  A year after the Artemis incident, the sailors tell of the pain
01 May 2014  America's Cup: Oracle and Team NZ tech insights - Free lecture tonight
16 Apr 2014  America's Cup: Expected de Ridder penalty should be reduced
14 Apr 2014  America's Cup: Dean Barker's Blog - A sail with the Duke and Duchess
12 Apr 2014  America's Cup: Coutts claims ISAF Jury on a crusade, backs Kiwi report
10 Apr 2014  America's Cup: Two Kiwis escape hometown action in AC45 rules ruckus
03 Apr 2014  34th America's Cup: A Match of three weeks - Part 3 - Under the Pump
MORE STORIES ...

News - USA and the World













International Moth Worlds - Mothballed on day 4 + Video by Mark Jardine / YachtsandYachting.com,




Gladwell's Line: A change of direction needed in the America's Cup *Feature by Richard Gladwell/Sail-World.com/nz,
























Anna Tunnicliffe set to compete at the CrossFit Games by Anna Tunnicliffe, Pittsburgh, PA
























Final day shakes up standings at Cape Panwa Hotel Phuket Raceweek by Cape Panwa Hotel Phuket Race Week 2014,


2014 -15 Volvo Ocean Race: Team Alvimedica pushing towards Southampton
NYYC Race Week - Saving the best for last
VX One North American Championship - Chris Alexander commands
2014 Cape Panwa Hotel Phuket Raceweek - Waiting game on Day 3
International Moth Worlds: Thunderstorms delay racing on Day 1
Fuerteventura World Cup - Impressive tricks on day 1
2014 Governor's Cup - Two former winners in the finals
America's Cup: Iain Murray explains reasons for Australian withdrawal *Feature
Wilson and Roble remain number one match racers in U.S.
2014 ISAF Youth Match Racing World Championship - Set to start
PWA Pozo World Cup - Moreno twins dominate home spot
ISAF Youth Worlds - Record breaking regatta in Tavira + Video
Melges 32 European Championship - Robertissima remains out front
Farr 40 West Coast Championship - Italians take one-point lead
Melges 32 European Championship - Day 3 images by Carlo Borlenghi
New York Yacht Club Race Week - Marstrom 32 fleet off to anxious start
Melges 32 European Championship - Day 3 images by Max Ranchi
CYC Race to Mackinac - Cruising fleet sets sail in 106th edition
Team Alvimedica getting a touchup
PWA Pozo World Cup - Plenty of drama on day 5
ISAF Youth Sailing World Championship - Day 5 Videos   
NYYC Race Week - High performance classes put on shoreside show   
2014 Pacific Cup - 'Invisible Hand' the first boat to finish   
Clipper Round the World Yacht Race - B.C.'s Eric Holden skippers wins   
America's Cup: Updates on Team Australia withdraw   
J/70 North American titles - Brian Keane moves to top of leaderboard   
2016-2017 America's Cup - Team Australia withdraws   
VX One North American Championship - Chris Alexander takes charge   
America's Cup: Team NZ disappointed, but on track after Australians go   
America's Cup: Hamilton Island decides not to proceed with Challenge.   
America's Cup: Challenger of Record withdraws from Regatta   
WWA Wakeboard National Championships head to Waco   
Farr 40 West Coast Championship - Day 2   
RP52 Scarlet Runner sails in San Francisco   
2014 Governor's Cup - Nevin Snow and team on form   
ISAF Youth Worlds - Americans claim silver medals in Tavira   
2014 Cape Panwa Hotel Phuket Raceweek - Day 1   
Melges 32 European Championship - Day 2 images by Carlo Borlenghi   
Windsurfing and Kiteboarding World Cup to take place on Fuerteventura   
ISAF Youth Worlds - Medals decided in thrilling Tavira conclusion   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT