Who won SailGP San Francisco in 2025?
Spain clinches San Francisco SailGP win as Australia weathers wing failure at start of final race. SAN FRANCISCO — Spain’s victory in the San Francisco Sail Grand Prix makes Diego Botin’s team the fifth winner in the five events we’ve seen so far in Season 5. Tom Slingsby’s Australia SailGP Team’s hopes came crashing down on day two at the Oracle San Francisco Sail Grand Prix, as a catastrophic wing failure forced them out of contention, marking a devastating end for the Aussies in San Francisco.
Where is the SailGP in Los Angeles 2025?
Tickets on Sale Now for the International Sailing Competition in the Port’s Outer Harbor at Berth 46. Feb. There’s an international sailing race on the horizon: SailGP – the most exciting racing on water – gears up to bring the Rolex Los Angeles Sail Grand Prix to the Port of Los Angeles on March 15-16. SailGP will have revenue between $100 million and $150 million this year, a huge increase from the $10 million the league generated in its 2019 debut season. The league is on the verge of profitability and now selling its teams for $50 million or more.Five million dollars (USD) would have been a good price in the early days of SailGP, then it jumped to $20m by the beginning of Season 3, then it jumped to 40-plus and now you have 50-plus. By the end of this season, we’ll be seeing $100m valuations for teams.Each SailGP event consists of two days of competitive racing. The first day has three fleet races, while the second day has two fleet races and a match race final. The final race of the season is a match race between the highest-scoring crews over the season, with the winner earning a US$1 million prize.Annual operating costs remain high due to the significant expenses incurred for logistics and production at each event, which cost millions. However, SailGP is expected to generate $100 million to $150 million in revenue this season, a sizable increase from the $10 million it generated in its debut season in 2019.
Who is behind SailGP?
Russell Coutts, CEO and co-founder of SailGP, said: We’re delighted to welcome Assia, Gian Luca, Jimmy and the wider Muse Sport consortium to SailGP’s expanding group of investors and team owners. Who are SailGP’s investors? Certuity, Muse Capital Management, Oracle Financial Services Software, Endeavor Group Holdings, and Shake and Bake have invested in SailGP.
How much does a SailGP sail boat cost?
And the moment that the boats got out of the water and on foils, and started to go so fast, I think that really spiked the interest of a much wider group of people. But they don’t come cheap, costing around $5 million to build, with extra costs in the millions to manage teams and logistics on top of that. In the world of competitive sailing, and more specifically the world’s richest boat race, open check books, cutting-edge technology and potential death is all fair game. Adventure publication Outside reports that each boat can cost anywhere between US$8 million and US$10 million to construct.
How much do SailGP sailors make?
The average salary of Sailgp is $92,201 in the United States. Racing faster than the wind at speeds approaching 100 km/h (60 mph), SailGP is driven by the sport’s top athletes, with national pride, personal glory, and a total prize money of US$12. Powered by nature – wind, sea and sun – driven by purpose, SailGP races for a better future.With the final holding sold, the French team becomes the first SailGP team to become entirely privately owned. SailGP still maintains minority stakes in teams Australia, Brazil, and Italy, which have all been sold to new investors over the last year.The Rolex SailGP Championship is an international sailing competition that features high-performance F50 foiling catamarans, where teams compete across a season of multiple grands prix (GP) around the world. The reigning champion is Diego Botín’s Spain SailGP Team, which won the 2023–24 SailGP championship.