Tuesday, June 29, 2010

BMW ORACLE Racing to open NASDAQ stock exchange

The BMW ORACLE Racing team, winners of the 33rd America’s Cup in February, will ring the NASDAQ Stock Market Opening Bell on Wednesday June 30th at the NASDAQ MarketSite in New York City’s Times Square.

Skipper James Spithill (AUS) will lead the American team in ringing the bell to mark the opening of the trading day.

The NASDAQ Opening Bell ceremony will be simultaneously displayed on the NASDAQ MarketSite tower, NASDAQ's iconic digital sign in the heart of Times Square and the NASDAQ MarketSite broadcast studio wall.

The America’s Cup represents one of the most demanding sporting and technological achievements in the world. The oldest trophy in international sport, it has been contested 33 times, and held by just six yacht clubs over its 159-year history.

The BMW ORACLE Racing team is an international line-up of the best sailing, design, engineering and boatbuilding talent in the world and was created 10 years ago by Larry Ellison (USA) with the goal of winning the America’s Cup and bringing it back to the United States. The team realized its ambition in February, beating the defender, Alinghi, 2-0 in a Match off the coast of Valencia, Spain.

The visit to New York City is part of a tour of the east coast of the United States. The team will visit Newport, Rhode Island (Thursday), the home of the America’s Cup for much of the 20th century.