RI Loses America’s Cup Bid
PROVIDENCE, R.I. (AP) – Rhode Island has lost its bid to host
the 34th America's Cup match.
Champion BMW Oracle Racing said Thursday that San Francisco is
now the only U.S. city being considered to host, dashing the hopes
of state officials who believed the cup's return to Newport for the
first time since the 1980s could reinvigorate the state's dismal
Team CEO Russell Coutts told state officials that Newport will
be given “top priority” to host U.S.-based pre-regattas that will
be held in the years leading up to the race, which is expected to
happen in 2013 or 2014.
Team owner and billionaire software mogul Larry Ellison had
earlier stated his preference for San Francisco and did not attend
last week when the team visited Newport with the trophy.