America's Cup: 'Sign by Friday' San Francisco given ultimatum on venue

8:44 PM Sat 11 Dec 2010 GMT

'In less fraught days - San Francisco (USA,CA) - 33rd America?s Cup - BMW ORACLE Racing - USA Victory Tour - Day 2 -Reception at City Hall, Mayor Gary Newsom (left), BMW Oracle’’s Larry Ellison (centre) and 30 year Cup veteran - but still young, Tom Ehman, Head of External Affairs, for BMW Oracle Racing.' BMW Oracle Racing &copy Photo Gilles Martin-Raget Click Here to view large photo

The well connected America's Cup correspondent for the Associated Press, Bernie Wilson, is reporting that San Francisco City Hall has been given until next Friday, 17 December, to sign an acceptable agreement to host the 34th America's Cup. He reports the Chief Operating Officer, Stephen Barclay, a New Zealander now based in the BMW Oracle Racing facility in Warkworth, 40 minutes north of Auckland, says that 'a letter was delivered to Mayor Gavin Newsom and other officials informing them of the deadline. 'Barclay says San Francisco officials have changed key points in an agreement that had been negotiated between the ...

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by Richard Gladwell