San Francisco Prepares for America's Cup

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The most popular sailing event in the world heading to the city by today.

Now some San Francisco businesses are expanding because -- all those votes while they're floating in on a sea of business.

And expected influx of more than a billion dollars cloudy account live in San Francisco.

-- John the America's cup sales -- to San Francisco two Summers from now with the promise of an economic windfall.

Though it's not smooth sailing for everyone.

As the world's best racers prepare for the America's cup in 2013 organizers are hopeful the event will bring sailing to the people and leave money in its wake.

An estimated one point four billion dollars spent at shops hotels.

And restaurants like water -- I think will probably see somewhere between.

-- ten to 20% increase in business over that two week period.

Scores of merchants are planning to hire creating an estimated 8000 new jobs by race time.

But for some businesses it's breakers ahead 77 waterfront tenets are being addicted to make way for an America's cup village.

New cruise ship terminal and public viewing areas.

Among those pulling up stakes the opera singer -- one of the city's top tourist attractions and with more than a hundred employees one of the sport's biggest -- without a new big talk this long running dinner show could close for good.

Just down the -- market -- the manager of this popular soccer facility also hopes that with the city's help.

He can reopen somewhere else.

I think if -- is the soccer and audio or businesses are looked after him.

-- the city and the port everything will work.

And that is certainly the city's hope as well now with time trial starting next year and other races on to put San Francisco's best face forward.

Not only for the huge crowds.

500000.

People who are expected to be here to watch the America's cup -- for those.

Critical TV audiences and potential Bay Area visitors watching around the world.

John amazing numbers Claudia Cowan thank you.

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San Francisco Prepares for America's Cup

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