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Spaceships in the Bay: America's Cup Hits San Francisco

September 11, 2013

Sept. 11 (Bloomberg) -- Typically the America's Cup is held out in open ocean, far from the shore and spectators. But for the first time in its 162-year history, the races are being held in the natural amphitheater of the San Francisco Bay with grand stands set up for people to watch. This is part of Larry Ellison's plan to reinvent the America's Cup. Bloomberg Television's Emily Chang explores how this 162-year-old sporting event has effected the city by the bay. (Source: Bloomberg)

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