The organization of the America's Cup is progressing favorably for its celebration in Barcelona during the summer.
The competition will generate broad benefits in several aspects, including international projection, attraction of high purchasing power tourism, and stimuli for the blue economy and the Catalan nautical sector.
There will be no extra cost for taxpayers or for the businessmen who supported the competition from the beginning.
The economic goals of obtaining income from private sponsorship have already been met.
The contribution of the sponsors will allow the already budgeted public money to not be increased.
The economic impact of the event is expected to be greater than that of the Mobile World Congress.
The organization of the America's Cup follows the same formula that made the 1992 Olympic Games successful: the collaboration between public administrations and private initiative.
There is a great challenge for the citizens of Barcelona to get involved in the competition and make it their own.
Conclusion: The celebration of the America's Cup in Barcelona promises to be a success both in sports and economics, thanks to the efficient organization, public-private collaboration and the international projection that the event entails.