it is an incredible pleasure to work with greg thompson, the director of the america's cup event of authority, who will be here facilitating the event and making sure that it meets all of the expectations of not just larry ellison and the oracle team, but all of the teams that will be competing here. [applause] >> thank you, jennifer. on behalf of all of us at the america's cup, all my colleagues, and everyone even associated with the cup in any way, we are pleased that the new mayor lee has chosen to stand up and recognize the cut so early in his term. it is a great sign of support and confidence in what we're doing. i have to say the whole city has warmly and enthusiastically embraced as. we feel like everyone is reaching out to us to offer a hand to help us make this the bet -- the best event possible. our job is to stage this event, working very closely together with the people from the city, the board of supervisors, the port authority, all the citizens of san francisco. the cup is coming home. it has been gone for a long time, and it is our job, together with all of you, to show the wor

it is an incredible pleasure to work with greg thompson, the director of the america's cup