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SailGP is expected to generate more than $100 million in revenue in 2025.
Yahoo Finance·2025-06-21 11:30

SGP was founded by billionaire Oracle co-founder Larry Ellison and America's Cup legend Sir Russell Coots in 2018. Think of Sale GP as the Formula 1 of sailing. There are 12 nationbased teams that compete in 13 Grand Prix events around the world.These teams compete for millions of dollars in prize money with the seasonlong champion taking home a $2 million prize alone. In just 7 years, CellB has expanded from six teams completely owned by the league to 12 teams. 10 of the league's 12 teams are now privately ...