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"Chances Are Good" That America's Cup Is Coming Back

That's according to comments by Russell Coutts, the CEO of Oracle Team USA. 

Oracle Team USA Russell Coutts. 

Sorry haters—Larry Ellison doesn't care what you think about his toy boat race. 

You probably already knew that, but more confirmation came today in a San Francisco Business Times conversation with the Odd Job to Ellison's Goldfinger, Oracle Team USA's CEO Russell Coutts. He told them that, "the chances are good" for a return to San Francisco. "Everyone agrees on our side that it's a fantastic venue," he said. The article went on to say that, "Cup sailors had enjoyed competing close to the shore where they could hear the screams of spectators [...] and it gave TV a spectacular backdrop to the racing action."

But the return of the America's Cup is as uncertain as a lead by Team New Zealand. Ellison and the city are currently negotiating about the particulars of re-staging the races. San Francisco has suggested that Cup organizers use Piers 27-29 for viewing and team bases, as well as other facilities on Piers 19.5, 23, 31, and 80. 

Oracle Team USA won the Cup after it was found to have cheated during one of the races. Despite Ellison's and some politicians' rosy predictions, at last count staging the Cup had cost the city $5.5 million in tax dollars. In news that was sure to prick up the ears of John Gollinger and Art Agnos, Coutts told the Business Times that, "there are other political influences within the city that can change" the return of the Cup.

 

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