Excerpt:

Artemis Racing, Challenger of Record for the 34th America’s Cup representing the Royal Swedish Yacht Club, will land on the shores of the City of Alameda in preparation for the 34th America’s Cup, which will be held on the San Francisco Bay in 2013.

“Alameda offers convenient shoreline water access to our racing grounds in San Francisco Bay immediately next to large industrial warehouse space. It is a turn-key option which will allow us to operate efficiently and immediately in 2012. We all look forward to settling in for this season and making the most of the facility,” said Paul Cayard, CEO of Artemis Racing. Artemis will be leasing a 110,000 square foot former airplane hangar as its base of operations at Alameda Point.