San Mateo County to reap benefits from America's Cup races, official says

November 1, 2011  When the America’s Cup races sail into San Francisco in 2012 and 2013 they will deliver $1.4 billion in economic benefits to the Bay Area, San Mateo County Supervisors were told Tuesday.

Adam Van De Water, San Francisco’s assistant project director for the 34th America’s Cup, told supervisors the international sailing competition will also generate about 8,800 jobs, mostly in the construction, transportation, food, beverage and hospitality industries.  Read the full article on Mercurynews.com.