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Another financial success for New Zealand sailing great and Sail GP boss Sir Russell Coutts

Another financial success for New Zealand sailing great and Sail GP boss Sir Russell Coutts

7 February 2020

The yachting franchise has sold a minority stake to sports and entertainment group Endeavor in a deal which values the fledgling event at $309 million.

SailGP's second season starts at the end of the month in Sydney.

The regatta has teams race in identical foiling catamarans and culminates in a $1.5 million winner-takes-all match race.

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Other Sailing News

30 Dec: The glory of crossing the line first in the Sydney to Hobart yacht race might have been celebrated in the bars beyond Constitution Dock, but the contest for the Tattersall Cup to crown the overall handicap winner remains on the water

28 Dec: The leading contenders have now reached the coast of Tasmania in another dramatic Sydney to Hobart yacht race

27 Dec: In the Sydney to Hobart yacht race, Comanche remains around four miles ahead of LawConnect in the lead, with 340 miles to go

27 Dec: The Sydney to Hobart fleet has lost its first 100-foot supermaxi, with Wild Thing 100 retiring from the 80th running of the race on the first night of sailing

26 Dec: A New Zealand yacht is expected to be right in contention for the overall race win in the Sydney to Hobart classic

23 Dec: Alinghi are back in the mix for the next America's Cup

17 Dec: Kiwi sailor Andy Maloney is on the move in SailGP again, joining Artemis Sweden as flight controller

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