"We're going to do whatever it takes to support the America's Cup staying right here in San Francisco Bay," Mayor Newsom said. "We've got the natural amphitheatre, which is the Bay and we have the spectators. If you want to elevate this sport, come to San Francisco Bay."
The venue for the 34th America's Cup hasn't been selected, with Larry Ellison (USA) noting that his team would consult with the America's Cup community on the next edition of the Cup before making any decisions.
"I think the most important thing is to make the right choice for the sport and all of the teams involved. That's our number one concern," Ellison said. "Having said that, our yacht club is from San Francisco. I'm from San Francisco and this is a great place to sail."
At San Francisco's City Hall on Saturday the sailing team signed posters and hats for the large crowd, who also had the opportunity to take photographs with the trophy.
The Cup arrived in the United States on Friday afternoon, flying in from Valencia, Spain, where BMW ORACLE Racing won the 33rd America's Cup on February 14.
After touching down at 16:00 local time on Friday, the Cup travelled with a police escort to the Golden Gate Yacht Club, where the team enjoyed a Q+A session with club members and special guests.
Larry Ellison, who founded the team and is a member of the afterguard in the race crew, noted it had taken 10 years, and three attempts, for him to complete his quest for the Cup.
"The third time is the charm," he said. "From the sailors to the design team and boat builders… Everyone's work combined in Valencia to deliver us the 33rd America's Cup."
On Sunday, the Victory Tour continued with the America's Cup heading south to San Diego, where the team operated a training base for 16 months in preparation for the competition in Valencia.
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