Barcelona anticipates big payday
11/06/2024 02:06
The value of hosting the America's Cup is not easy math, as the advance forecast is typically full of optimism while the post-event calculation has led to debt and drama. Here's an excerpt on the topic from the New Zealand Herald:
In less than three months, the America's Cup regatta will descend on Barcelona with a big payday forecast for the region that Auckland will miss out on.
When racing commences, it will cap off a years-long period expected to have a positive economic impact of €1.2 billion ($1.3 billion US) for Barcelona, according to a report commissioned and undertaken by the Universitat Pompeu Fabra in May 2023.
By comparison, New Zealand's economy was left $2.9 million NZ (1.8 million US) worse off from hosting the 36th America's Cup in 2021, an official cost-benefit report revealed. – Full report
Following the publication of the AC37 Protocol and AC75 Class Rule on November 17, 2021, the AC75 Class Rule and AC Technical Regulations were finalized on March 17, 2022. The entry period was from December 1, 2021 until July 31, 2022, but late entries for the 37th America's Cup could be accepted until May 31, 2023. The Defender was to announce the Match Venue on September 17, 2021 but postponed the reveal, finally confirming Barcelona on March 30, 2022. The 37th America's Cup begins October 12, 2024.
Teams revealed to challenge defender Emirates Team New Zealand (NZL):
• INEOS Britannia (GBR)
• Alinghi Red Bull Racing (SUI)
• Luna Rossa Prada Pirelli Team (ITA)
• NYYC American Magic (USA)
• Orient Express Racing Team (FRA)
2023-24 Preliminary Regattas
September 14-17, 2023 (AC40): Vilanova i la Geltrú, Spain
November 30-December 2 (AC40): Jeddah, Saudi Arabia
August 22-25, 2024 (AC75): Barcelona, Spain
2024 Challenger Selection Series
August 29-September 8: Double Round Robin
September 14-19: Semi Finals (Best of 9)
September 26-October 7: Finals (Best of 13)
2024 America's Cup
October 12-21: 37th Match (Best of 13)
For more schedule details, click here.
Additionally, 12 teams will compete in the 2024 Youth & Women's America's Cup.
Noticeboard: https://ac37noticeboard.acofficials.org/
Additional details: www.americascup.com/en/home
