Formula 1 and The Hundred offer lessons in governance for fragmented likes of rugby Sport Business To succeed, sports need governance structures that empower one entity to steer it, as in Formula 1, The Hundred and SailGP, writes Nevin Truesdale. The increasing commercialisation of sport has seen historical governance structures come under scrutiny. As in any business, governance structures are central to the ability to evolve in response to a changing [...]
SailGP to announce expansion team in coming weeks Sport Business The expanding SailGP sailing series will announce details of a 13th team in the “coming weeks” before adding a 14th in 2027. The Formula 1 of water has an eclectic mix of celebrity, brand and private owners and will see two further teams join the regatta series in the coming years. Two years ago there [...]
Chelsea investors Ares buys stake in Mbappe SailGP team Sport Business Chelsea, McLaren Racing and Miami Dolphins investor Ares Management has joined Kylian Mbappe in buying into the French SailGP team. The US firm’s minority stake will see the sailing team become entirely privately owned, and follows recent celebrity investments in the series from the likes of Anne Hathaway (Italy) and Ryan Reynolds (Australia). Ares Management [...]
The Devil Wears Prada star Anne Hathaway buys into SailGP team May 27, 2025 Star of The Devil Wears Prada and Ocean’s 8 Anne Hathaway has become the latest celebrity to buy into SailGP. The actress has joined a consortium led by Assia Grazioli Venier, the co-founder of Muse Capital and youngest ever board member at Juventus, in buying into the Italian sailing team. She follows footballer Kylian Mbappe’s [...]
RunGP founder Marcel Muenster: ‘Athletics needs more heroes’ March 17, 2025 Mo Farah may have signed up as the face of RunGP, but it was an encounter with another legend of long distance, Eliud Kipchoge, which helped entrepreneur Marcel Muenster formulate the new athletics series. After selling the healthcare business he founded, Doctor In Your Pocket, Muenster indulged his passion for road running by training like [...]
Real Madrid star Kylian Mbappe invests in France SailGP team March 14, 2025 France and Real Madrid footballer Kylian Mbappe has expanded his sports portfolio by investing in SailGP. The World Cup winner has invested in his native France SailGP Team with 10 of the 12 teams on the circuit now having some form of private backing. The 26-year-old joins the likes of former F1 driver Sebastian Vettel, [...]
Great ‘British success story’: Howden Insurance breaks £3bn barrier February 5, 2025 Howden Insurance is a "phenomenal British success story," its boss David Howden told City AM after the insurer announced it broke the £3bn revenue barrier
Howden: Insurance giant expands sport portfolio with SailGP sponsorship January 16, 2025 Insurance giant Howden this morning expanded their sports sponsorship portfolio, announcing a three-year partnership with SailGP team Emirates GBR. The group, headquartered at One Creechurch Place, will see Sir Ben Ainslie’s sailing team join their roster of sporting sponsorships, which include the British and Irish Lions, Ascot Racecourse, Victoria Racing Club in Australia and the [...]
Rolex becomes title sponsor of major sport league November 21, 2024 Legacy watch brand Rolex has today been announced as title sponsor of SailGP, with the Formula 1 of water now known as the Rolex SailGP Championship. The luxury brand joins the likes of Chanel (The Boat Race) in venturing into title sponsorship agreements in sport. The watchmaker has been associated with SailGP since 2019. The [...]