Two weeks before the competition open, ACM was officially given the keys to the Port America's Cup.

During this ceremony, the official representatives of the three Spanish administration (the Central Government, the Generalitat Valenciana and the City of Valencia) expressed their satisfaction after many long months of work.

Valencia is fully ready to welcome sailors and visitors from around the world and, despite general concern about the delays in construction, all competition venues and infrastructures are now in place.

While people are worried the Cup could possibly be the target of a terrorist attack, the security measures were announced at the beginning of the month and these envisage some 2,000 policemen on almost constant watch.

In a typical battle of figures, the Zapatero's minister Jordi Sevilla and the mayoress Rita Barberá have marked the occasion with political debates about the amount of money the Government will take in but it's generally estimated that the direct investment for the 32e America's Cup is about € 400 million.

An important investment that must be juxtaposed with the estimated €700 million the syndicates have spent to try to win the "Auld Mug" and with the ACM's €230 million budget.

What could be debates, ACM and the Spanish authorities have done all in their power to create "la mejor America's Cup de la historia" as Jordi Sevilla said.