Staff reporter
THIS is probably not the best week to remind the ousted president of the Balearics, Jaume Matas, about missed opportunities, but one major disappointment has got to be Majorca's failure to land the 32nd America's Cup which is currently being held just across the water in Valencia.

Apart from the huge injection of central government cash the region received to help fund the 50 million pound port redevelopment and expansion plan, Valencia's success to not only host the Cup but host it well, has led to the city being granted a Formula One Grand Prix.

What is more, over five million people have passed through the gates of Port America's Cup, not to mention the millions of tourists who have decided to visit Valencia and its spectacular Science Park and Aquarium during the America's Cup.

In addition, the benefits of having staged yachting's most prestigious event will not come to an end when the final regatta is raced in this current best-of-nine series between the defender Alinghi and the challengers Team New Zealand.

The redevelopment of the port of Valencia has involved the construction of over one thousand new moorings, a third of which have been designed for the new breed of super yacht which the Balearic nautical sector is struggling to cater for and, now faced with the return of the rainbow coalition government, is going to face further problems in its bid to improve Balearic marinas and expand moorings in order to meet the demands of the changing nautical sector.


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