"NEWPORT, R.I. – Efforts to lure the America’s Cup back to Newport continue to grind away. A working group led by the Rhode Island Economic Development Corporation (RIEDC )met again on Thursday in Newport, and we’re happy to hear that progress is being made on several fronts in submitting a formal proposal to BMW/Oracle Racing. Check out next week’s edition of Newport This Week for a full update.
Meanwhile, halfway around the world, the Auld Mug returned to Auckland where the Louis Vuitton Trophy is being played out. It’s the first time the Auld Mug has been in New Zealand since 2003, when it was lost to Swiss syndicate, and now former Cup defender, Alinghi.
Oracle beat Alinghi 2-0 in a best-of-three series off Valencia, Spain in February and could defend the America’s Cup as early as 2013. Newport is also scheduled to be paid a visit by the Auld Mug sometime in the near future. Oracle syndicate head Larry Ellison has said that Newport is one of three cities being considered to host the next Cup.
Speaking of Ellison, CNN Money has a good piece up today touching on the software tycoon’s desire to bring the romance back to the embattled series. Obviously, to purists, that means nothing less than returning the race home to where it experienced its glory days: and that’s right here in Newport.
Bring Back The Cup.
- Posted using BlogPress from my iPhone, on your Mobile Architects Inn
Location:Newport RI
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