SAN FRANCISCO (Reuters) – San Francisco will be the site for the 2013 America's Cup, two local newspapers reported on Friday, though officials said no final decision had yet been reached.
The decision on where to stage the 34th Cup will ultimately be up to Larry Ellison, chief executive of software company Oracle Corp, whose BMW Oracle team won the event in races off Valencia, Spain, in February 2010.
Both the San Francisco Examiner and San Francisco Chronicle reported that their city would be the next host of sailing's biggest event.
The America's Cup winners are allowed to determine the next location and Ellison, whose company is based 25 miles south of San Francisco, sails for the city's Golden Gate Yacht Club.
Marcus Young, commodore of the Golden Gate Yacht Club, told Reuters that organizers were still locked in negotiations.
An America's Cup spokeswoman said nothing had been announced yet, and a spokesman for the mayor said his office was awaiting official word.
Ellison has lauded San Francisco Bay as a "natural amphitheatre" for spectators to view the races, in contrast to events that have been sailed far offshore, and as a place where the winds would be predictable.
The decision on where to stage the 34th Cup will ultimately be up to Larry Ellison, chief executive of software company Oracle Corp, whose BMW Oracle team won the event in races off Valencia, Spain, in February 2010.
Both the San Francisco Examiner and San Francisco Chronicle reported that their city would be the next host of sailing's biggest event.
The America's Cup winners are allowed to determine the next location and Ellison, whose company is based 25 miles south of San Francisco, sails for the city's Golden Gate Yacht Club.
Marcus Young, commodore of the Golden Gate Yacht Club, told Reuters that organizers were still locked in negotiations.
An America's Cup spokeswoman said nothing had been announced yet, and a spokesman for the mayor said his office was awaiting official word.
Ellison has lauded San Francisco Bay as a "natural amphitheatre" for spectators to view the races, in contrast to events that have been sailed far offshore, and as a place where the winds would be predictable.
