PBS NewsHour

San Francisco's Uncertain Economic Hopes for America's Cup

Clip: 10/17/2012 | 6m 22s

The 2013 America's Cup, an international sailing competition, will be held in San Francisco Bay next September. Hosting the race is all about economics, but with global financial decline, special correspondent Spencer Michels reports San Francisco may not reap the hoped for $1.4 billion in revenue or 9,000 promised jobs.

Aired: 10/17/12

Rating: NR

Problems Playing Video?