America's Cup Hosting believed to be allocated to San Francisco

11:41 PM Fri 31 Dec 2010 GMT

'Golden Gate Yacht Club Commodore, Marcus Young holds the America’s Cup aloft in Valencia in February 2010.' BMW Oracle Racing &copy Photo Gilles Martin-Raget Click Here to view large photo

The Hosting Rights for the 34th America's Cup are believed to have been allocated to San Francisco, however a formal announcement is yet to be made by the negotiating team working on behalf of BMW Oracle Racing and the Golden Gate Yacht Club. The letter purportedly from GGYC Commodore, Marcus Young has been published on a local website Alamedawaterfront.com. Addressed to Golden Gate Yacht Club members at and published at 2:02 pm today (31 December 2010), it reads: December 31, 2010 SF Wins Bid for AC 34 It?s official. San Francisco will be the host City for the 34 edition ...

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by Richard Gladwell