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Friday, February 12, 2016
The Log

America’s Cup World Series Race Drew Fewer Fans Than Hoped For

posted: 2/8/2013
Racing off Newport -- A total of 65,000 spectators watched last summers Americas Cup World Series event off Newport, R.I. -- Oracle Team USA/Guilain Grenier photo
PROVIDENCE, R.I. (AP) -- Last summer’s America’s Cup World Series sailing event in Newport, R.I., attracted fewer people and generated less economic activity than initially predicted, according to a Rhode Island Economic Development Corp. report issued Feb. 1.            

The regatta drew 65,000 spectators to Fort Adams State Park over four days, according to the report. When the event was announced, however, officials said they hoped it would attract as many as 90,000 people.            

The event’s total economic impact also fell short of predictions. The report said it generated $52.7 million in activity at local businesses, salaries and taxes. Officials had initially said the event could generate up to $72 million.            

Nevertheless, state leaders called the event “a success” and said they hope the report can serve as a guide to hosting future sailing events. “Hosting the America’s Cup races last summer was a great source of pride for Rhode Islanders,” Gov. Lincoln Chafee said in a statement.            

Surveys of attendees found that they came from 41 states and 18 nations. Of the 65,000, 7,300 were first-time visitors to Newport.

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