SailGP complete sale of last team in fleet to former McLaren and Everton investors Sport Business SailGP chiefs have hailed “a very significant milestone” after MSP Sports Capital’s majority buyout of the New Zealand team took the final outfit into private ownership. Private equity firm MSP sold its stake in McLaren’s Formula 1 team last year and previously loaned £185m to Everton for the construction of their Hill Dickinson Stadium. The [...]
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 [...]