Think the glitz glam of Formula One, but on water. This is SailGP. A fast-growing sports league that wants to challenge people's perceptions of sailing.SailGP was launched in 2019 by Oracle billionaire co-founder Larry Ellison and New Zealand yachtsman Russell Coates. The league sails one design of high performance hydrofoiling catamarans, and unlike traditional yacht club regattas that take place far offshore, SailGP races are held almost unnervingly close to the waterfront. The league has been drawing, dr ...

A new catamaran racing league is challenging old ideas of what sailing is all about.@Siobhan_Wagner catches a “NASCAR on the water” race on England’s southern coast. Read more in the Business of Sports newsletter https://t.co/WandxeMOhg https://t.co/nW7lSOimex ...

Fun was central to William F. Buckley’s success. He was warm, generous and had a gift for friendship, as well as passions outside politics: travel, music and, above all, sailing https://t.co/IDjBuv4yvm ...

[Music] Hello. This is the story of how I crossed the Atlantic Ocean on a 600 BC Phoenician ship replica. Imagine this.It's 2:00 a. m. We're in the middle of the Atlantic on that wooden boat.I'm clinging onto a rope, vomiting overboard, thinking, "What the hell am I doing here? Let me take you back." In most history curricula, we study the Greeks, the Romans, the Pharaohs, but not the people who connected them. We're taught about Caesar and Columbus, but the Phoenetians, despite their significant contributi ...

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]