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Ellison plans to hold 2017 America's Cup in Hawaii

By Star-Advertiser Staff

POSTED:
LAST UPDATED: 10:42 a.m. HST, Mar 10, 2014


The San Francisco Chronicle reported on Monday that Larry Ellison, the billionaire owner of 98 percent of Lanai, wants to hold the 2017 America's Cup yacht race in Hawaii.

Ellison said he wants the next America's Cup to involve regattas all over the world "leading up to the Louis Vuitton Cup, and the main event, the America's Cup, likely taking place in Honolulu," according to the newspaper.

The decision means that San Francisco will not be the host city for the next Cup.

Last summer Ellison's Oracle Team USA won the 34th America's Cup in San Francisco in one of the greatest comebacks in sports history. The regatta generated less economic impact in the Bay Area than projected and cost city taxpayers more than $5 million, the Associated Press reported.

"Holding the Louis Vuitton Cup and the America's Cup in Hawaii has been one of Ellison's long-standing dreams. In June 2012, the Oracle Corp. co-founder and CEO purchased the island of Lanai for $300 million. It was a far-fetched fantasy that he'd had since he was in his 20s, when he first flew over one of Hawaii's smallest inhabited islands in a Cessna 172 and was captivated by the thousands of acres of fragrant pineapple fields," the Chronicle article said.

Having the America's Cup on the waters off Honolulu would be a boon to Hawaii's tourism and visibility, the newspaper said.

"That's the plan anyway," Ellison was quoted as saying. "We have a lot of work to do. We have to make deals with all the cities where we want to hold races. It's not going to be easy to pull this off. All that, plus we have to get an agreement with the Challenger of Record, the Hamilton Island Yacht Club of Australia."

The Chronicle said the article was based on excerpts from a new paperback edition of Chronicle staff writer Julian Guthrie's book, "The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed Up to Win Sailing's Greatest Race, the America's Cup, Twice."

Ellison spoke to Guthrie in a series of exclusive interviews over several months, the newspaper said.







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4sanitysake wrote:
Although good news for the State of Hawaii, we are a long way from this being a reality. Letʻs hope our politicians in office donʻt become overly accommodating until we have a signed commitment from Ellison.
on March 10,2014 | 10:33AM
hanalei395 wrote:
It makes sense. Ellison's high-tech double-hulled vessels are the descendants of the doubled-hulled canoes that brought the first people to Hawai'i about 1700 years ago. His modern double-hulled watercraft .... "has come home".
on March 10,2014 | 01:24PM
lani_moo wrote:
Good news, but wait till the "activists" start complaining about environmental issues, cultural issues and economic issues. The naysayers will always oppose something new and forward thinking. Keep the country country...blah blah blah.
on March 10,2014 | 02:08PM
imua67 wrote:
I wonder if he's already got Faye Hanohano's approval.
on March 10,2014 | 10:52AM
Surfer_Dude wrote:
Still waiting from HTA how this event will bring zillions of bux to the local economy. Hawaiian's Taipei flight will bring in millions they said. Hawaiian's Fukuoka flight will bring in millions they said. APEC will bring in mega millions. The Pro Bowl brings in millions. I love how America's Cup really relates to the common individual as far as sporting events go. A bunch of old guys in blue double breasted blazers with gold buttons and white hats, referring to themselves as commodores, cheering for the home team. btw....how much will this event cost the locals?
on March 10,2014 | 10:53AM
HulaHair wrote:
Exactly!
on March 10,2014 | 11:25AM
salsacoquibx wrote:
were are they going to put all these yatchs? piers in Lanai are only so big???
on March 10,2014 | 11:39AM
mlrhawaii wrote:
Rethink your comment. There's more to Hawaii than Lanai.
on March 10,2014 | 11:58AM
mlrhawaii wrote:
What a snobby comment! Common individual? Is that your class warfare showing? If you should live so long, one of these days you will be one of a "bunch of old guys" -- double-breasted, gold buttons, white hats optional. Surfers have traditions--given your user name, I'm guessing you are a surfer. Why insult other people's traditions? I'm a local and am so sick and tired of other locals who can't see past their own "island culture."
on March 10,2014 | 11:56AM
lowtone123 wrote:
He does have a point though Exactly where is all of these millions going...or going to?
on March 10,2014 | 12:18PM
Fred01 wrote:
You are dimwitted stupid.
on March 10,2014 | 12:52PM
oxtail01 wrote:
It'll cost the "locals" nothing except the anxiety of seeing so many old rich white folks around. This is EXACTLY the kind of events Hawaii should try to be attracting - rich event made and run by rich white men who, as a whole, has very little empathy for government and politicians and what "average joes" think about them.
on March 10,2014 | 01:32PM
sjean wrote:
yeah, more surf contests on the north shore is the way to go, surfer dude. pipeline 365/24/7...
on March 10,2014 | 01:55PM
barnaclebill wrote:
This is great news for the local economy! The races are an amazing event with worldwide interest. San Francisco is the loser by letting this 2017 event leave their venue, and the marine community here will have a huge boost. The boats are amazing to watch, and the new video coverage makes it understandable and exciting to see. We tried hard to host the American's Cup before,, using the slower monohulls, but Dennis Conner let us down. This is a great opportunity for Hawaii, not just Lanai. Let's Go Oracle Team USA!
on March 10,2014 | 11:40AM
ryan02 wrote:
"We tried hard to host the American's Cup before,, using the slower monohulls, but Dennis Conner let us down" -- I'm old so my memory may be going, but my recollection is that Conner strongly advocated for Hawaii. Unfortunately, the San Diego Yacht Club put 6 of its members on the 7-member selection committee, and came up with . . . San Diego. Also, after winning the cup back in 1987, as part of advocating for Hawaii, Conner helped persuade the Powers That Be to let the cup tour Hawaii, on display at several locations (I saw it at Pearlridge Center). I hope Ellison can finally bring the race to Hawaii.
on March 10,2014 | 01:22PM
barnaclebill wrote:
8/21/87 LA Times, " Dennis Conner said San Diego, his hometown, should host the America's Cup in 1991" He had made a lot of promises to get our Hawaii support for his training in heavier winds here before going "down under" to win it back. We were all misled, as he seemed to prefer San Diego all along. Ellison loves Hawaii for the races, and we can make it happen here this time. Let's go Oracle Team USA!!! Mahalo.
on March 10,2014 | 04:02PM
ryan02 wrote:
I stand corrected, then.
on March 10,2014 | 07:52PM
loquaciousone wrote:
Why do they call it the America's cup when only 1% of ½% of the 1 percenters have the funds to participate?
on March 10,2014 | 11:58AM
mlrhawaii wrote:
I did your homework for you via Google. The yacht that won the first race in 1851 was named America. http://www.americascup.com/en/history.html
on March 10,2014 | 12:18PM
sjean wrote:
Facts like that are unimportant
on March 10,2014 | 01:56PM
Tony91 wrote:
exciting, but I doubt this will happen. Hawaii's marinas -with the exception of Ko-Olina, are decrepit, tiny, and a complete embarrassment to a state surrounded by the ocean. It would take hundreds of millions to bring our facilities up to par and guess what, Ellison won't foot the bill without an equity stake in the improvements and it doesn't seem remotely plausible the state or the city will fix the long, long neglected harbors....
on March 10,2014 | 12:55PM
iwanaknow wrote:
I predict that our leaders will spend our money on this race well before any money turns up in our city/state coffers................one way to give back to the community is to offer free sailings for local people and their kids (give kids dreams to wish on?).
on March 10,2014 | 01:35PM
primowarrior wrote:
Any sailors out there know the most likely locations off Oahu with the best conditions, that would be considered? Anyone with a high rise apartment with a view who wouldn't mind having some short term guests if we buy the beer and pupus?
on March 10,2014 | 02:23PM
Maneki_Neko wrote:
The regatta generated less economic impact in the Bay Area than projected and cost city taxpayers more than $5 million,

Well, in that case I am sure if we work hard and support this it can cost us no more than $6 or $7 million.


on March 10,2014 | 02:31PM
HawaiiCheeseBall wrote:
Hope Larry lets us know how much we have to pony up to have his little boat race. After all that's whats important - that some billionaire gets to live out his fantasy.
on March 10,2014 | 04:35PM
NanakuliBoss wrote:
Bring it.
on March 10,2014 | 07:01PM
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