Valencia and Alinghi sign deal on 2009 regattas
The city and Region of Valencia have finally reached an agreement and signed a deal on Wednesday morning on the 2009 regattas.
There will be two regattas this year, the first one from July 10 to 19 and the second one in October, at a date to be confirmed later this year.
The fee for the city is of 9 million euros per regatta while Alinghi must guarantee a minimum of 11 teams. For each team less, the city will see its fee decrease by 7%.
There will be a public announcement later on.
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