America's Cup could be worth millions to Cork if Irish bid successful

Ireland will know in just eight weeks if it will host the prestigious America’s Cup

The last time the America's Cup was staged in Europe, it was held in Valencia in Spain, with 2.5m people travelling to watch it. 

Ireland will know in just eight weeks if it will host the America’s Cup.

Foreign Affairs Minister Simon Coveney said Ireland is well placed in the running to stage the event but warned while it will bring money into the country, it won’t be cheap to host.