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America's Cup in San Francisco a $1.4 billion anchor



6:39 AM Tue 20 Jul 2010 GMT
'BMW Oracle Racing’ s (left) and Swiss defender Alinghi position their boats before the 33rd America’s Cup in Valencia, Spain, in February. As cup defenders, Ellison’s team gets to choose where to defend it.' Victor R. Caivano
America's Cup could increase Bay Area's economy by $1.4 billion! Sailing may not be as popular as football in this country, but hosting the world's premier regatta would pack at least three times the economic punch for San Francisco as a Super Bowl. That's the assessment of a new economic study obtained by The Chronicle that found that holding the next America's Cup here in either 2013 or 2014 would infuse $1.4 billion into the Bay Area's economy - the vast majority of it in San Francisco - and generate 8,800 jobs, from prep cooks to engineers. Hosting a Super ...


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by SF Chronicle




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