Sailing: America's Cup regatta may return to San Francisco in 2017
SAN FRANCISCO (REUTERS) - Oracle Team USA wants to stage the next America's Cup regatta in San Francisco in August 2017 in catamarans smaller than the one they sailed to victory last summer, the team's chief executive officer (CEO) Russell Coutts told Reuters on Monday.
Oracle Corp CEO Larry Ellison's team notched eight successive wins over Team New Zealand in September, coming from behind to take the 34th America's Cup in one of the sport's most remarkable comebacks.
The event's victor wins the right to choose the venue. Coutts wants to return the regatta to the Northern California city's waterfront, and hopes to convince civic leaders to agree to host the event a second time.
San Francisco Mayor Ed Lee on Monday sent a letter to him opening negotiations. The city and Oracle have a number of details to sort out and the board of supervisors must approve any deal.