Wednesday, September 18, 2013

There is a San Francisco in New Zealand as well.

"The America's Cup" Official Website (click here)

Plenty of money to go around there, isn't there? No one pinching pennies to compete. It somewhat starts to explain why Oracle needed all that Quantitative Easing I, II and III, doesn't it?

Well, of course, The America's Cup produces a tourist economy for the little people.

By Dana Johannsen 
@djohannsenNZH

6:16 AM Wednesday Sep 18, 2013 
Racing in the 34th America's Cup (click here) has been postponed today after the combination of strong winds and outgoing tide exceeded the set limits.
Despite conditions looking marginal for racing in San Francisco, both Team New Zealand and Oracle elected to head out to the racecourse - but the racing was called off at about 8.30am NZT.
There will now be two races scheduled for tomorrow - and the wind and tide forecast is better.
The wind was fluctuating from just below the wind limit of 20.1 knots to just above early on this morning, but wind gusts of more than 25 knots did not help and neither did an outgoing tide which gathered in pace and reduced the overall wind limits further, leading to the postponement call....