America's Cup update today

Providence, RI – The Executive Director of the Rhode Island Economic Development Corporation, Keith Stokes, will provide updates today about the progress of talks involving the location of the American's Cup sailing regatta.

BMW Oracle Racing, winner of last year's America's Cup, will decide the venue of the next race. A representative of the team will be present at today's meeting in North Smithfield.

Until recently the race was scheduled to take place in San Francisco, but city officials are struggling to provide a sound financial plan, causing Oracle to reconsider its options.

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