Skip to Content

Sir Ben Ainslie buys majority stake in British SailGP team

KIFI

By BERNIE WILSON
AP Sports Writer

Britain’s Sir Ben Ainslie is now a team owner in the SailGP global league. Ainslie and business partner Chris Bake have purchased majority ownership in Great Britain SailGP Team. American tech billionaire Larry Ellison retains a minority stake. The British squad is the first of the existing eight SailGP teams to become a third-party owned franchise in the league that Ellison and former America’s Cup champion Sir Russell Coutts of New Zealand founded in 2019. A new Swiss team announced for the third season and an as-yet unannounced team also have third-party ownership. 

Article Topic Follows: AP National Sports

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content