America's Cup

What's wrong with the America's Cup deal? A lot

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Let’s start out with a premise that even Larry Ellison’s minions have come to accept: The race is happening here. Too late now to move it to another city. Worst-case scenario, according to Stephen Barclay, the point person for the world’s sixth-richest man: "If we don't meet those dates, the teams will be forced to relocate to other places around the bay." Read more »

Larry Ellison won't miss $22 million

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If the America's Cup fundraising committee can't come up with $32 million, the city's going to be on the hook for a big chunk of change -- as much as $22 million -- budget analyst Harvey Rose says. Read more »

Ellison wins, SF loses

We're not going to lose the America's Cup, but we might lose if we keep it

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EDITORIAL San Francisco's not going to lose the America's Cup. Oracle CEO and yachting billionaire Larry Ellison is too excited about the prospect of bringing the sport (and his company's logo on the sail of his boat) to a mass audience for the first time in history that he's not about to abandon San Francisco Bay. The process is too far along; that much is a done deal.Read more »

Guardian editorial: Ellison wins, San Francisco loses!

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EDITORIAL San Francisco's not going to lose the America's Cup. Oracle CEO and yachting billionaire Larry Ellison is too excited about the prospect of bringing the sport (and his company's logo on the sail of his boat) to a mass audience for the first time in history that he's not about to abandon San Francisco Bay. The process is too far along; that much is a done deal.

But the development agreements for the city's waterfront is not a done deal at all — in fact, the proposal could wind up giving Ellison effective control over five piers and a valuable waterfront lot that he could develop for condos. And the city won't get anywhere near enough out of the deal.

The development agreement is really just a sideshow in the cup planning; nobody's arguing that Ellison's America's Cup Event Authority will need space to stage the race, and that will require the renovation of some waterfront property. And nobody disputes that the event will bring tourism and revenue to the city, which will offset some of the cost of allowing Ellison rights to the waterfront. Read more »

America's cup: What does Larry get?

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The development agreement for the America's Cup comes out next week, although the project is already under way. But there's some concern that the number of visitors (and thus the revenue to the city) might not be as high as projected.Read more »

America’s Cup moves forward, but economic concerns remain

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In past weeks, several environmental and community organizations filed two appeals of the Environmental Impact Report (EIR) prepared for the America's Cup yacht race in 2013.

Jan. 24, the Board of Supervisors rejected the appeal, allowing for construction on the several major projects contained in the America's Cup proposal to move forward.

But some supervisors say that the many groups with environmental concerns about the America's Cup brought up important issues, including economic issues that will still need to be addressed.

Read more »

Bikes and sailboats

With a little vision, the America's Cup could mean great things for bikes

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OPINION I'm not much of a sailor. In fact, I've been known to turn more than a little green when venturing out on the bay under sail. So it may seem a little odd that I am excited about the America's Cup regatta coming to San Francisco. This high-profile international yacht race has the potential to accomplish even more impressive feats on land than on water, ultimately leaving a legacy of safer streets and more accessible neighborhoods.Read more »

Editor's notes

Iron out some kinks in the America's Cup plan -- pedicabs?

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tredmond@sfbg.com

I've been wondering for months now how all of the rich people who come into San Francisco for the America's Cup are going to get around. The event plans call for the Embarcadero to be closed during the festivities, which means no cars. The F-line is nice, but slow — and even with new trains, has limited capacity. And I don't expect to see a lot of the millionaire yachting types riding the bus with us commoners.Read more »

Smooth sailing for developers

America's Cup waterfront land giveaway has quietly expanded since the deal was approved — with Chiu's secret blessing

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rebeccab@sfbg.com

It's a mad dash at San Francisco City Hall to put all the pieces together in preparation for the America's Cup, the prestigious regatta that will culminate in the summer of 2013 along the city's northern waterfront. But once that spectacle is over, the biggest impact of the event will be a massive, lasting, and quite lucrative transformation of the city's waterfront by a few powerful players, a deal that has been modified significantly since it was approved by the Board of Supervisors.Read more »

Long-winded debate about the America’s Cup

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The prospect of San Francisco turning into an international enclave for billionaires and their custom-built super yachts in 2013 is either electrifying or nauseating, depending on one’s perspective. If San Francisco is selected as the venue for the 34th America’s Cup, the city’s downtown would be transformed into the “America’s Cup Village” during the prestigious match, and placed at the center of an international media spectacle. Read more »