There has been a lot of talk about bringing the next America’s Cup competition to the San Francisco Bay. To bay area sailors this proposition is very exciting. Larry Ellison, co-founder and CEO of Oracle, discusses this in an interview published in the Wall Street Journal soon after his America’s Cup victory.
Oracle Corp. Chief Executive and multibillionaire Larry Ellison won the America’s Cup on Sunday, claiming sailing’s most prestigious trophy for San Francisco’s Golden Gate Yacht Club. Now he hopes to bring the next edition of the regatta—which will likely be held in about three years—to San Francisco itself.
Mr. Ellison, 65 years old, cultivated his passion for competitive sailing in San Francisco Bay, which he dubs “a wonderful natural amphitheater for sailing.” He adds, “I’m not sure there’s any place in the world that is better for viewers.”
Fresh off the America’s Cup victory, Mr. Ellison—who is the Bay Area’s wealthiest individual with an estimated $27 billion fortune, according to Forbes—discussed his favorite places to sail in the region and where in the Bay he hopes to hold the next America’s Cup.
Q: Is San Francisco a feasible site for the America’s Cup?
A:Absolutely. We match raced [Switzerland-based rival sailing team] Alinghi in San Francisco Bay in the Moët Cup [in 2003]. It was a spectacular regatta because people could watch from office buildings. The boats are big enough that you can see the entire race. We had hundreds of thousands of people watching this race—it was probably the most watched sailboat race ever. And we beat them.