SailGP is expected to generate more than $100 million in revenue in 2025.

Company Overview - SailGP was founded in 2018 by Larry Ellison and Sir Russell Coots [1] - SailGP features 12 nation-based teams competing in 13 Grand Prix events globally [1] - SailGP is described as the Formula 1 of sailing [1] Financial Performance & Investment - The season-long champion receives a $2 million prize [2] - Teams are now selling for $50 million or more to investor groups [2] - SailGP is expected to generate over $100 million in revenue for 2025 [3] Revenue Streams - Cities pay six-figure host fees, with Auckland, New Zealand paying over $1 million to host a Grand Prix [3] - SailGP receives millions annually from sponsors, including luxury brands like Rolex, Emirates, and Accor Hotels [3] Ownership Structure - Initially, the league fully owned six teams, but now 10 of 12 teams are privately owned [2] - Investor groups include celebrity owners like Kylian Mbappe, Anne Hathaway, and Gary Vaynerchuk [2]