Ellison picks San Francisco for regatta

America's Cup champion Larry Ellison says San Francisco is his first choice for the next regatta – but quickly added it was not guaranteed to host an event that will provide a significant boost to the host city's economy. "If I were picking by myself this would be my pick," Ellison said on Saturday.

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.

Follow Emirates 24|7 on Google News.