San Diego may have lost out on the chance to host the 2024 Summer Olympic Games, but it has made it to the final two contenders to host the 2017 America’s Cup, say several published reports.
San Diego Bay and the waters off the island nation of Bermuda were on the short list as potential courses for the yachting competition that was last here in 1995, said the America’s Cup Event Authority.
ACEA eliminated Chicago as a possible venue, but it could host World Series racing events in 2015 and 2016.
Russell Coutts, CEO of Oracle USA team, which captured the Cup last year, said he hoped to have a host city selected by the end of September.
San Diego, which also hosted the America’s Cup in 1992 and 1988, and has a long history of sending top teams to the competition, and notably won the race in 1987 when Dennis Conner and his Stars & Stripes recaptured the Cup in a series of races held off the coast of Fremantle, Australia.
The 35th America’s Cup would take place on San Diego Bay, instead of the Pacific Ocean where the two previous Cup races here took place.
Earlier this year, the Port of San Diego authorized its staffers to negotiate with ACEA for the use of the Broadway Pier and Pavilion, and the B Street Pier and Terminal for the event.
The Business Journal is the premier business publication in San Diego. Every day online and each Monday in print, the Business Journal reports on how local business operate and why businesses leaders make the decisions they do. Every story is a dose of insight into how to run a better, more efficient, more profitable business.
