frisco approved

ac breaking

frisco approved

The decision on whether San Francisco will hold the next America’s Cup is now in race organizers’ hands. The Board of Supervisors voted unanimously Tuesday to approve a bid put forward by Mayor Gavin Newsom for hosting sailing’s premier regatta in 2013.

Within two hours, Newsom signed the approved bid flanked by supervisors and other civic leaders in a rare show of unanimity, and the documents were to be sent to race organizers in advance of a Friday deadline the city faced.

"I have rarely been part of something that brought more people of more diverse backgrounds together," Newsom said. "There’s just a tremendous amount of spirit and pride around being able to compete on a world stage."

Even Supervisor Chris Daly, who denounced an early version of the deal as a public giveaway to one of the world’s richest men – Oracle CEO Larry Ellison – voted yes after analyses showed the revised proposal would be a long-term moneymaker for the city. Read more: