SF must sign deal or lose host bid

San Francisco is pushing ahead with a bid to host the America’s Cup sailing race on the northern waterfront despite threats that The City has jeopardized its lead position to host the event.

Billionaire Oracle CEO Larry Ellison’s BMW Oracle Racing team won the cup in Valencia, Spain, in February and with it the right to select who will host the next cup race in 2013.

San Francisco emerged as a leader in the race to host the event in San Francisco Bay, but  America’s Cup official Stephen Barclay warned Saturday that a deal must be signed this week or The City could lose its chance to be the host.

The event has reopened talks with Italy about hosting the event as well as reapproached Newport, R.I. Organizers have set a deadline of Friday for the proposal so it can inform teams of the venue by Dec. 31.

The letter from Barclay indicated that San Francisco officials had changed the agreement they had initially negotiated. The new proposal — which Newsom’s staff said was crafted with the team — includes moving the event to the northern waterfront, which would be less expensive for The City.

The northern waterfront location emerged as the leading option for San Francisco after the Port of San Francisco backed the plan. The Board of Supervisors Budget and Finance Committee last week discussed the option, but put any decision on hold pending a financial study.
<br>The proposal is scheduled to be back before the budget committee today and then before the full board on Tuesday.

Newsom on Sunday said that he is still confident that the current bid is a good deal for both The City and the America’s Cup team.

“We had good conversations yesterday and we will get this through the committee tomorrow and on Tuesday,” Newsom said. “I think it will be overwhelmingly supported and we will meet the deadline.”

esherbert@sfexaminer.com

The Associated Press contributed to this report.

Bay Area NewsGavin NewsomGovernment & PoliticsLocalPoliticsSan Francisco

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Police Chief Bill Scott on Wednesday said a rebranding and reoganization of the former Gang Task Force amounts to “more than just the name change.” (Kevin N. Hume/S.F. Examiner)
Faced with surge in shootings, Chief Scott reenvisions SFPD’s Gang Task Force

New Community Violence Reduction Team adds officers with community-policing experience

Stores including Walgreens and Safeway are required to pay their employees additional hazard pay under a city ordinance that is currently set to expire later this month. (Shutterstock)
Grocery workers could gain additional weeks of $5 per hour hazard pay

San Francisco will vote next week on whether to extend a law… Continue reading

The fatal shooting of San Francisco resident Roger Allen by Daly City police on April 7 prompted protests in both cities. (Jordi Molina/ Special to the S.F. Examiner)
Daly City approves body-worn and vehicle cameras for police after fatal shooting

Daly City officials on Wednesday approved body and vehicle cameras for police… Continue reading

Baseball Hall of Famer Willie Mays attends an event to honor the San Francisco Giants' 2014 World Series victory on Thursday, June 4, 2015, in Washington, D.C. (Olivier Douliery/Abaca Press/TNS)
Willie Mays turns 90: San Francisco celebrates the greatest Giant

By Al Saracevic Examiner staff writer I couldn’t believe it. Willie Mays… Continue reading

Ja’Mari Oliver, center, 11, a fifth grader at Harvey Milk Civil Rights Academy, is surrounded by his classmates at a protest outside the Safeway at Church and Market streets on Wednesday, May 5, 2021 in support of him following an April 26 incident where he was falsely accused by an employee of stealing. (Kevin N. Hume/S.F. Examiner)
School community rallies behind Black classmate stopped at Safeway

‘When you mess with one of us, you mess with all of us’

Most Read