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It is no longer new news that San Francisco is the only city being considered for hosting the America’s Cup in 2013 or 2014. A study conducted by Bay Area Council Economic Institute and Beacon Economics and published today in the San Francisco Chronicle states that hosting the Cup would generate $1.9 billion in economic activity, and have long term residual benefits. Read the full report http://www.sailingscuttlebutt.com/news/10/0719/
Newport, despite being a sentimental favorite, could never really have been in the same league with San Francisco.
