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On a beautiful, bright, spring day, Bonnefous and Barberá met the teams at the Reloj building, the clock tower in the Port of Valencia, the setting where the city of Valencia undertook a decision to bid to bring the 32nd America's Cup to Valencia nearly one year ago.

"We are delighted to have so many Teams represented here, in Valencia, our home for the 32nd America's Cup," Michel BONNEFOUS said. "During the past year we have worked to build the foundations for running the 32nd America's Cup in Valencia. We are now here to share the details with the teams."

Representatives from the Defender of the America's Cup, Team Alinghi; the Challenger of Record, the Oracle BMW Racing Team; and the Clan Des Team, the newest Italian challenger, along with delegates from 15 other potential teams are in Valencia this week for three days of meetings, hosted by AC Management, the organiser of the XXXII America's Cup.

"It's not an accident that we meet here in the Port Authority building, the Clock Tower. It's a symbol of the moment the countdown begins for this grand maritime festival," Barberá said. "We are going to turn this Port into a grand venue for the XXXII America's Cup."

On Monday, the delegates took a detailed tour of the Port of Valencia, to learn full details of the plans to transform the inner Port into a home base for this premiere sporting event.

The agenda for Tuesday and Wednesday will occupy the Teams with closed-door, working meetings on a variety of topics relating to the sport, marketing, and logistical aspects of the 32nd America's Cup.

The Team Meetings conclude on Wednesday, 7 April, with a 17:30 Press Conference at the Palacio de Congresos in Valencia.