America's Cup trophy comes to Newport, officials hope the race follows

Providence, R.I. – The winners of the 33rd America's Cup race toured Newport on Thursday, as state officials campaign for the return of the yachting competition to Rhode Island waters. The famed trophy was also on display in the city.

State officials believe the return of the America's Cup would boost revenue and tourism and shine an international media spotlight on Rhode Island. The state hosted the competition for decades until losing the race to Australia in the early 80's.

In April, Governor Carcieri charged a committee with developing a proposal to host the next America's Cup finals, expected in 2013. The venue is chosen by the current trophy holder, in this case the BMW-Oracle Sailing Team, based in California.

Team owner and software tycoon Larry Ellison has said his top choice is San Francisco. However, his purchase of a Newport Mansion has fueled hopes of a return to Rhode Island.