Valencia's successful history as the venue for the America's Cup (2007 and 2010, it can be said that the 2007 edition is one of the most successful in history), its existing infrastructure, ready to use and tailor-made for the competition have made it obvious to position Valencia as the potential venue for the next edition.

The process to obtain the exclusive right to put Valencia as a candidate to host the next America’s Cup has been developed between Francesco de Leo, Niccolò Porzio di Camporotondo (Kaufman & Partners / H2O Riders Science & Management) y Carlos de Beltrán (Real Club Náutico de Valencia). A inicios del 2021, se preparó documentación para posicionar a Valencia como posible sede para la próxima edición en caso de que Auckland no se confirmara de nuevo. El gobierno neozelandés y Emirates Team New Zealand (ganadores de la 36ª America’s Cup) tenían un periodo de negociación de 90 días para acordar la continuidad de Auckland. El grupo consideró que no era apropiado elevar la iniciativa a la administración local, regional y nacional antes de que dichas negociaciones terminaran. Estas negociaciones han terminado hoy.

In the midst of the COVID-19 pandemic, Spain seeks to stimulate its economic recovery by promoting its Spain Brand, to reactivate critical sectors such as tourism (teams and families injected +100 million into the economy during the 2007 edition). Furthermore, hosting the oldest trophy in sport for the third time will help accelerate this recovery, bring a great event to Spain and consolidate Valencia as the European HUB for the America's Cup.

However, while the task force recognizes the opportunity, it understands the real dynamics of the current economic situation. For this reason, the initial objective is to secure private financing that ensures the initial costs of the event and align the project with Next Gen EU funds.

STATEMENTS:

Francesco de Leo: "Our working group is committed to bringing the America’s Cup back to Valencia. In recent months, work has progressed with investors and leading technology companies who share the vision of making the event in Valencia a new standard for promoting sustainability and the path to achieving the United Nations SDGs (Sustainable Development Goals) . Now we must double our efforts to succeed in this endeavor to promote Spain and Valencia as Lab of world-class innovation. "

Niccolò Porzio of Camporotondo: “It is a privilege to be in this position. However, now is the time for action. The America’s Cup is a special event that can greatly benefit Spain and Valencia, particularly if a legacy program gets underway. We recognize the other candidates, but we believe that local and national investors, added to Valencia's climate, its welcoming culture and its great resources for reducing costs and operations will be key to convincing the owners of the rights.

Carlos de Beltrán: “The Real Club Náutico de Valencia, as a club, has already helped bring the America's Cup to Valencia in the past, due to its continuous commitment to the development of sailing and the improvement of the Valencian nautical sector, it is natural that the club is a natural member of the candidacy. As a Valencian and a professional in the Copa América I cannot imagine a better venue for the 37th edition. ”.