America’s Cup: Navigating a budget crisis

With drastic measures taken to halt the spread of the COVID-19 disease, businesses are failing and government budgets are imploding. No city has been spared, and worse are those that have invested significantly in sporting events.

Top of that list is Tokyo as the postponement of the 2020 Olympics could add another $2.7 billion to their ballooning budget. That’s some serious suffering, and it will be tough for the citizenship to swallow the sacrifice needed to host the summer games…

For the rest of the story from Scuttlebutt Sailing News CLICK HERE!

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