According to Sail magazine's Kimball Livingston, the ACC racing on San Francisco Bay is now in the doldrums.

"Those of you who have been planning to watch some ACC racing on San Francisco Bay in September now have time on your hands", Kimball said. "BMW Oracle Racing chief Larry Ellison, who had pushed hard to make a regatta happen on his home waters, now has his people saying that, instead, the team needs time 'to regroup'."

Oracle never formally announced any plans for the event but BMW Oracle Racing's Russell Green reported during a meeting of the Challenger Commission on March 28 that progress continued on plans for an event in San Francisco in late September 2007.

Now, BMW Oracle Racing "tried to avoid getting press on the subject until and unless all the ducks lined up", said Kimball Livingston. "For good reason, obviously".