Ellison Wants World Sailing Series If Oracle Wins America’s Cup
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America’s Cup organizers plan to start a racing league with 10 or 20 franchises if Oracle Team USA can rally to defend its title this year in sailing’s most prestigious competition.
“Our plan is to start a world series of racing, taking it to different venues and pick challengers from that group by 2017,” Harvey Schiller, vice chairman of the America’s Cup advisory board, said yesterday at the Bloomberg Sports Business Summit hosted by Bloomberg Link in New York.