23.11.2014 Views

The America's Cup: Economic Impacts of a Match - Bay Area Council

The America's Cup: Economic Impacts of a Match - Bay Area Council

The America's Cup: Economic Impacts of a Match - Bay Area Council

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

It seems likely that if chosen as the ultimate venue for the defense, San Francisco would also be host to several<br />

regattas in 2011 and 2012 prior to the challenger series, though this remains uncertain. Were this to happen, the<br />

economic impact <strong>of</strong> hosting the defense would be enhanced not only because <strong>of</strong> the fact <strong>of</strong> the other two races<br />

but also because having experienced the city during an earlier regatta, spectators would likely return, bolstering<br />

the size <strong>of</strong> the spectator pool during both the challenger series and ultimately the <strong>America's</strong> <strong>Cup</strong> defense.<br />

<strong>The</strong> Challenger Selection Series has been a staple <strong>of</strong> the modern <strong>America's</strong> <strong>Cup</strong> defense. With more than one challenging<br />

syndicate, a means for selecting a single most worthy challenger must be put in place. This has in all but<br />

two <strong>of</strong> the last nine <strong>America's</strong> <strong>Cup</strong>s been the function <strong>of</strong> the Louis Vuitton <strong>Cup</strong> (LVC). It is a near certainty that a<br />

challenger series <strong>of</strong> match races would take place on the <strong>Bay</strong> in the months before the <strong>America's</strong> <strong>Cup</strong> races begin.<br />

Since 1983, there have been between 7 and 13 challengers participating in the Challenger Selection Series. In 2007,<br />

there were 11 challengers, and racing lasted for nearly two months, between April 16 and June 6. <strong>The</strong> racing consisted<br />

<strong>of</strong> two round robin series <strong>of</strong> match races (races between only two competitors). Combining the results from<br />

these races with points accumulated during the previous Acts, four teams were invited into the semifinals, from<br />

which the ultimate challenger, Emirates Team New Zealand, was selected to challenge Alinghi in the <strong>America's</strong><br />

<strong>Cup</strong>.<br />

Table 1: Recent History <strong>of</strong> <strong>America's</strong> <strong>Cup</strong> Timing<br />

Defender Series Challenger Series <strong>America's</strong> Total<br />

Year Location Dates # Participants Dates # Participants <strong>Cup</strong> Duration<br />

1983 Fremantle − − − − 9/14-9/26 12 Days<br />

1987 Fremantle 8/18-1/20 8 10/5-1/23 13 1/31-2/4 5.5 Months<br />

1988 San Diego − − − − 9/7-9/9 3 Days<br />

1992 San Diego 1/14-4/30 5 1/25-4/30 7 5/9-5/16 5 Months<br />

1995 San Diego 1/15-4/23 3 1/12-4/21 7 5/5-5/13 5 Months<br />

2000 Auckland − − 10/18-2/6 11 2/20-3/2 5.5 Months<br />

2003 Auckland − − 10/1-1/19 9 2/15-3/2 5 Months<br />

2007 Valencia − − 4/16-6/2 11 6/23-7/7 3 Months<br />

2010 Valencia − − − − 2/12-2/14 3 Days<br />

<strong>The</strong> defender <strong>of</strong> the <strong>America's</strong> <strong>Cup</strong> is not necessarily the syndicate that won the previous <strong>America's</strong> <strong>Cup</strong> <strong>Match</strong>.<br />

By the Deed, the yacht club that holds the <strong>Cup</strong> makes the selection <strong>of</strong> the yacht that will ultimately sail against<br />

the defender. This is <strong>of</strong>ten accomplished by including a Defender Series in the mix <strong>of</strong> sailing in addition to the<br />

Challenger Selection Series and the defense. A Defender Series is not necessarily a staple <strong>of</strong> <strong>America's</strong> <strong>Cup</strong> activities.<br />

However, it is possible that the Golden Gate Yacht Club would host such a series, if only to afford their boat<br />

8

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!