When Big Finance Meets Big Wind: How Bank-Sponsored Boats Shape SailGP
Briefly

SailGP NYC '25 highlighted the increasing role of major financial institutions in elite sailing, moving from mere sponsorships to active partnerships. The league, established in 2018, aims to create commercially viable, independently operated teams. Major banks like Santander and Deutsche Bank are now integral to team success, turning boats into hospitality venues and emphasizing values such as sustainability and client engagement. This financial backing represents a shift in strategy and vision for the sport, linking nautical competitions to the financial industry.
The high-stakes world of elite sailing sees banks transition from sponsors to partners, enhancing commercial appeal and transforming how the sport operates.
SailGP is intended to be a market-driven league where teams are commercially viable and independently operated, with significant investment from financial institutions.
Read at Forbes
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