America's Cup: BMW Oracle negotiators 'exasperated' by San Francisco

11:19 PM Sun 12 Dec 2010 GMT

'The America?s Cup on display at City Hall - where 10 months later no Hosting Agreement is in place.' BMW Oracle Racing &copy Photo Gilles Martin-Raget Click Here to view large photo

After a covers were lifted, late last week, on the Venue negotiations for the 34th America's Cup, it would now seem that even if San Francisco's Board of Supervisors meet a deadline imposed by Defender, and signs an agreement, approved by the America's Cup Event Authority, that will only now get the City into a position where its offer to host the 34th America's Cup will be compared to others on the table from Italy and elsewhere. That, according to lead negotiator, Stephen Barclay who is also the Chief Operating Officer for BMW Oracle Racing, is a big step back ...

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by Richard Gladwell