The Royal Gazette has an article up downplaying the potential for America’s Cup to return to Bermuda. Those who have followed its progress would know that this has always been a possibility.
My understanding is that the decision of where to host comes down to 3 core considerations.
- The team who wins ultimately decides where they want to defend.
- The defenders need to find a venue willing to host who sees enough benefit in it (eg. San Francisco had the option and turned it down because it didn’t make financial sense for them)
- Most of the teams are trying to convert the America’s Cup into a profitable business and build viewership. New Zealand is the only country that is presently fanatical about the America’s Cup and likely doesn’t need this as badly. The winner still ultimately has a considerable amount of say in the direction and future of the event.
Thus we’re seeing an aim to shorten the competition from a 4 year cycle to a 2 year one. Likely more focus on the world series and enough focus on the finale to sustain a big climax. I believe that ideally they’d aim for a host of the finale on the East Coast of the US or alternatively Bermuda as the timezone sites well enough for coverage of the US during the day and EU in the evening which has the best potential for building viewership. Chicago or anywhere else on the east cost still stand out as potentials.