Overview - SailGP is a fast-growing sports league aiming to redefine sailing's image [1] - The league was founded in 2019 by Larry Ellison and Russell Coates [2] Event & Spectator Experience - SailGP races feature high-performance hydrofoiling catamarans close to the waterfront [2] - Events are held in about a dozen cities worldwide, attracting spectators to Grand Prix [2] - The atmosphere is designed to be engaging, similar to Formula One, with elements like DJ performances [3] Investment & Growth Potential - High-profile investors, including Ares Management, Kylian Mbappe, Anne Hathaway, Ryan Reynolds, and Hugh Jackman, have stakes in SailGP [5] - The goal is to change perceptions of sailing and expand its appeal [5] Challenges - SailGP faces the challenge of attracting a large audience compared to Formula One, where the number of fans following SailGP is tiny compared to the millions of Formula One fans [4] - Establishing sailing as a mainstream spectator sport is a relatively new concept [4]

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]