SAN FRANCISCO - NOVEMBER 12: San Francisco mayor and California Lt. Governor-elect Gavin Newsom speaks to reporters after meeting school children at Fairmount Elementary School on November 12, 2010 in San Francisco, California. San Francisco mayor Gavin Newsom announced today that he vetoed a controversial legislation that was approved by the San Francisco board of supervisors that would ban toys in fast food "happy meals." He promoted his "Shape Up SF" program as a more effective way to combat childhood obesity by encouraging children to eat better, exercise and for schools to offer healthy food choices that include fresh vegetables. (Photo by Justin Sullivan/Getty Images)
Maybe Gavin Newsom left his heart in San Francisco, or maybe Larry Ellison just takes care of his friends.
Either way the former mayor has been named an ambassador at large for the 34th America’s Cup, which will take place in San Francisco in 2013.
Newsom was instrumental in attracting the Oracle CEO and his racing team to San Francisco. The current lieutenant governor began recruiting Ellison and his racing team to the City shortly after they won the last cup.
Ellison's Oracle Racing team got to choose the host of the next America's Cup because they are the reining champions.
Hosting the cup could be a big coup for the City, if the cost is not too high. The international sailing competition is expected by some analysts to inject about $1.2 billion into the City's economy, generating an estimated 8,000 jobs.
Newsom's job will be to attract visitors to San Francisco to watch the event.