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Best Option?

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Best Option?

From Coutts & GGYC…

Valencia is the best option to get the
America’s Cup back on track as soon as possible. This is what sailing fans from
around the world are waiting for.
Both BMW ORACLE Racing and Alinghi still have bases in the Port America’s
Cup. The infrastructure created to the specification of the Swiss defender is in
place, available and ready to recreate the atmosphere of the previous America’s
Cup in 2007.

Last week Cristobal Grau, Director of Sport for Valencia City, said it would only
take a few weeks to have Valencia back in action. Today the Mayor of Valencia,
Rita Barbera, said her city would welcome the Cup back with open arms.
In her ruling at the New York Supreme Court on Tuesday, Justice Shirley
Kornreich confirmed the primacy of the governing Deed of Gift document for the
America’s Cup. This means that Société Nautique de Geneve (SNG) must
choose a Deed-compliant location. Although Valencia is in the Northern
Hemisphere, it is possible to hold the 33rd Match there in February because both
SNG and Golden Gate Yacht Club (GGYC) had agreed to it by mutual consent. Read on.