Please select your home edition
Edition
PredictWind - Wave Routing 728x90 TOP

SailGP sells minority stake to Endeavor

by SailGP 6 Feb 2020 07:46 PST 28-29 February 2020
2019 SailGP Marseille Grand Final © Lloyd Images for SailGP

On the verge of embarking on its second season of operation, SailGP has sold a minority stake to global entertainment, sports and content company Endeavor.

Endeavor's investment position in SailGP values the global sports property at US$200 million after its highly successful first season.

As part of the investment, SailGP will benefit from access to the Endeavor network's expertise across content production, media rights distribution, creative services, licensing, sponsorships and consumer marketing.

SailGP CEO Sir Russell Coutts said: "Endeavor's partnership with SailGP represents a pivotal moment in our young and developing history. It strengthens our position going into our second season and signals the projected long-term value of SailGP. This is the start of a new era in our sport, and we couldn't have a better partner than Endeavor."

Endeavor President Mark Shapiro said: "SailGP is transforming the way people view sailing. For the first time, the sport is being packaged in a broadly appealing, consumable, consistent and exciting format, bringing it in line with some of the world's top sporting events. If the first season is any indication, SailGP has incredible potential and strong value for its partners, and we look forward to helping forge the future of the league."

SailGP Season 2 kicks off February 28-29 in Sydney.

Related Articles

SailGP: Roger Federer inspires Swiss SailGP team.
Roger Federer joins forces with Switzerland SailGP Team to inspire success One of Switzerland's greatest sporting icons, Roger Federer, features in the newest episode of Racing on the Edge, SailGP's official behind-the-scenes docuseries, produced in partnership with Rolex. Posted on 27 Jun
Rolex SailGP Championship 2026 dates confirmed
Including a return to fan-favorite destination, Auckland SailGP has released further details of forthcoming 2026 Season, including the return of fan-favorite locations, multi-year hosting agreements secured across all regions, and an evolved regional structure to raise the stakes for athletes and fans alike. Posted on 26 Jun
SailGP opens tender process for two new teams
SailGP has confirmed 2026 expansion plans, unveiling details of a tender process to seek investment. SailGP has confirmed 2026 expansion plans, unveiling details of a tender process to seek investment for ownership of two new teams entering the global racing championship next season, alongside available stakes across existing national teams. Posted on 23 Jun
Russell Coutts explains SailGP's investor value
Russell Coutts explains the growth of SailGP and why investors are chasing a slice of the action. SailGP co-founder and CEO Russell Coutts discusses the hard to understand investment, and growth of SailGP. The growth multiples hoped for SailGP have been achieved, on paper, by the same investors in other sports. Posted on 12 Jun
Mubadala New York Sail Grand Prix overall
Spain SailGP Team claims second consecutive U.S. win Diego Botin and the Spain SailGP team have punched their way to the top of the Rolex SailGP Championship, taking the win on Sunday in New York. Posted on 9 Jun
SailGP: Spain win in New York - Day 2
Diego Botin's Spanish crew scraped into the Final, and then took their second successive SailGP win. The Spanish crew led by Diego Botin staged a comeback in the last race after losing an 8pt lead to squeeze into the Final, only taking the lead halfway through the three boat Final. Full race replay here. Posted on 9 Jun
SailGP: Spain lead in New York - Day 1
Spain top the leaderboard after the first day of racing in the Mubadala New York Grand Prix Spain top the leaderboard after the first day of racing in the Mubadala New York Grand Prix, after a consistent day's sailing on the murky and rainswept Hudson River. Full replay and leaderboard in this story. Posted on 7 Jun
Mubadala New York Sail Grand Prix day 1
Spain overcomes storm clouds, topping the standings Diego Botin's Spain SailGP Team leads the fleet after a stormy and tactical opening day of the Mubadala New York Sail Grand Prix. France, ROCKWOOL Denmark and New Zealand are all hot on his heels for all-important leaderboard points. Posted on 7 Jun
Russell Coutts reports ahead of SailGP New York
The New York Russell Report: Coutts on fleet-wide wing repairs and top picks for New York podium SailGP has returned to New York for the third time ahead of this weekend's Mubadala New York Sail Grand Prix on June 7/8. Ahead of racing, SailGP CEO Russell Coutts reveals his behind-the-scenes insight of the fleet. Posted on 7 Jun
SailGP to Kick Off Summer in New York
With this Weekend's Mubadala New York Sail Grand Prix An unforgettable weekend of high-speed, close-to-shore racing and world-class entertainment will take place this weekend when the Mubadala New York Sail Grand Prix takes place in front of the most famous skyline in the world. Posted on 5 Jun
Henri-Lloyd Dynamic RangeBarton Marine Pipe GlandsZhik 2024 December