Another dose of Cup action is just what region needs

The events brought in millions to the economy, generated extra business for local traders, got people out spending their cash and drummed up a feelgood factor.

So we welcome efforts by Sir Ben’s executives to do it all again and bring more world-class racing back to our shores, complete with accompanying benefits.

Southsea Common is the perfect arena for visitors to watch a sport which has built up steady mainstream attention in recent years.

It’s the chance for Portsmouth to shine again on the world stage and cement itself as a city more than capable of holding huge events.

It’s not only another opportunity for families to come together, but builds on Sir Ben’s mission to inspire a new generation of youngsters to take up sailing and be excited about the America’s Cup.

What’s exciting is the thought of a permanent annual event being created on the back of another World Series for Portsmouth.

That ensures the region’s economy doesn’t just benefit in drifts and drabs, but pulls in a regular benefit to those who live, work and visit here.

Let’s not forget that, should Sir Ben win the America’s Cup trophy in Bermuda this year, he’ll get the option of bringing the finals back to Portsmouth in 2019.

So we hope today’s message of intent is enough to convince investors to part with their money and get another World Series off the ground.

We’ll be watching to see what happens in the months ahead.