America's Cup in San Francisco a $1.4 billion anchor



6:39 AM Tue 20 Jul 2010 GMT
'BMW Oracle Racing’ s (left) and Swiss defender Alinghi position their boats before the 33rd America’s Cup in Valencia, Spain, in February. As cup defenders, Ellison’s team gets to choose where to defend it.' Victor R. Caivano
America's Cup could increase Bay Area's economy by $1.4 billion! Sailing may not be as popular as football in this country, but hosting the world's premier regatta would pack at least three times the economic punch for San Francisco as a Super Bowl. That's the assessment of a new economic study obtained by The Chronicle that found that holding the next America's Cup here in either 2013 or 2014 would infuse $1.4 billion into the Bay Area's economy - the vast majority of it in San Francisco - and generate 8,800 jobs, from prep cooks to engineers. Hosting a Super ...


Click here for full story.


by SF Chronicle




Newsfeed supplied by

Live Weather
Nearby
North Head, NSW
9 kn NNE
Little Bay, NSW
7 kn NE
Cronulla, NSW
6 kn N
Windiest in Australia
Maatsuyker Island, TAS
26 kn NW
12°
Most Windless in Australia
Safety Bay, WA
Calm
Hottest in Australia
Mandora, WA
10 kn SSW
32°
Coldest in Australia
Mount Hotham, VIC
24 kn NNW
Wettest in Australia
Coconut Island, QLD
6.8 mm