Bring the America's Cup back to Newport, Rhode Island!
San Diego, San Francisco, or Rhode Island? This is the difficult decision that Larry Ellison, reigning America's Cup champion, must make regarding the location of the next America's Cup. Aside from historical legacy and the right to reclaim what is rightfully Newport's, this race would bring invaluable revenue for our struggling economy. According to economist, Tom Cannon, the America's Cup could bring as much as 4 billion dollars to the Rhode Island economy. This will have an impact on Rhode Island economy incomparable to the effects it would have on the much bigger cities in California. "This is a big deal for a place like Rhode Island," said the emissary, Halsey Herreshoff, the president of the America's Cup Hall of Fame in Bristol, R.I. He noted the state's unemployment is nearly 13 percent. Keeping our mission in mind, RiThought enthusiastically endorses bringing the America's Cup back to Newport, Rhode Island. Sign our petition to Larry Ellison, conveying that bringing the cup to Newport will make the younger generation of Rhode Island proud of our rich sailing history and enthusiastic about this classical sport. *Information drawn from CBS News Reports