BMW Oracle officials "very serious" in intent to move forward with Rhode Island
GOLDEN GATE YACHT CLUB
Yacht Road, San Francisco, California USA 94123
December 17, 2010
Mr. Keith Stokes
Rhode Island Economic Development Corp.
Suite 101, 315 Iron Horse Way
Providence, R.I. 02908
I would like to thank you for meeting with our team over the past week and, in particular, arranging the meetings yesterday with Governor-elect Chafee and Senate President Paiva-Weed.
Over the past week, you have clearly presented why Rhode Island, and Fort Adams State Park, in particular, has the capability to host the 34th America's Cup, an event that is one of the largest sporting events in the world in terms of economic benefit and mass media audience. In particular, we are impressed with Fort Adams and the possibility of its being the center of public access, use and enjoyment of Narragansett Bay.
We are very serious in our intent to move forward with Rhode Island. There is much to do to meet the timeframes we have set. The Golden Gate Yacht Club has committed to other America's Cup teams that a host city will be announced by December 31, 2010.
On our side we must establish the how the teams, visitors and VIPs will be accommodated and how we will raise the necessary corporate sponsorship. You can greatly assist us by advising on the readiness of Fort Adams to complete the necessary public infrastructure improvements to base the teams and hold the event within the timeframes we have discussed with you and your team.
To demonstrate our interest in working with Rhode Island, I have asked Tom Ehman, a fellow member of the GGYC Board and America's Cup Committee, and head of External Affairs for BMW ORACLE Racing, to attend next Monday's Rhode Island Economic Development Corporation's December board meeting to convey our interest to your Board and the Governor.
I look forward to our continued dialogue over the next several days.
GGYC Board and America's Cup Committee
C.O.O., BMW ORACLE Racing