The United States SailGP Team has engaged the global sports marketing agency SPORTFIVE to lead its global partnerships relationship development
The United States (U.S.) SailGP Team made international news for a spellbinding catamaran capsize two days after announcing their global sports partnership with the SPORTFIVE agency who on average, generates over $1 billion in gross sales per year, on behalf of its valued rights holder clients. Partnership development on a global scale is at the heart of this budding business arrangement. SPORTFIVE is well positioned to assist the U.S. SailGP Team with comprehensive sales and marketing services to enrich its roster of corporate and brand partners and secure new revenue opportunities for the American entry of the five-year-old global racing league. In 2019, Oracle’s Larry Ellison and Sir Russell Coutts, launched SailGP and with the fourth season underway, the co-ed league has grown from six teams and five events to 2023-2024’s Season 4 with 10 teams and 13 events around the world. SailGP is one of the only global professional sport leagues that have men and women competing on the same team, an aspect that SPORTFIVE believes is both a competitive advantage and an incredible opportunity for interested and progressive brands. The Sports Techie community blog curator has sailed a wee bit when living in Seattle, before the impressive SailGP merger of traditional sailing together with sports technology that makes for incredible team racing at high-speeds that cars maintain, with the dangers of capsizing or crashes a reality at any moment. During practice racing before the Apex Group Bermuda Sail Grand Prix, the team experienced a violent capsize where 5 sailors were launched from the F50 into the water. The U.S. SailGP Team reported all the athletes involved in the capsize experienced only minor injuries. The vessels technology-centric safety protections and smart humans following capsize protocols saved the day. SPORTFIVE is poised to turn this accident into a positive.
SailGP and U.S. SailGP
The U.S. SailGP Team was purchased last November by an all-star group of major sports, technology and entertainment leaders, led by founding Uber engineer Ryan McKillen, Margaret McKillen, and two-time world champion sailor Mike Buckley. The Avenue Sports Fund, led by Avenue Capital Group CEO Marc Lasry, is the lead investor in the largest team acquisition in SailGP history.
“We have worked with Mike and Taylor for a number of years, so joining them in their SailGP endeavor was a natural evolution for SPORTFIVE,” said Steve Loy, SPORTFIVE president of Americas. “The extraordinary growth of SailGP is undeniable and we are incredibly proud to represent the U.S. SailGP Team. Their impressive ownership and investor group is proof that the sport of sailing is being redefined. Creating revenue opportunities for our sports properties is paramount to our business and we see SailGP sitting uniquely between our golf and F1 businesses.”
SPORTFIVE
SPORTFIVE is a global sports marketing agency that delivers customer-centric solutions based on trust and transparency, deep industry experience and global relationships, digital intelligence and innovation. SPORTFIVE strategically and creatively connects brands, rightsholders, media platforms and fans to create and enable contemporary partnerships in sports.
“SPORTFIVE has an impressive network and deep relationships with marquee brands around the world,” said Mike Buckley, CEO and Co-Owner of the U.S. SailGP Team. “As part of one of the fastest growing sports properties, we have a lot to offer partners thanks to a global racing calendar, an award-winning TV product, incredible hospitality and impressive audience growth. We are looking forward to being part of the SPORTFIVE family for years to come.”
SPORTFIVE has an elite sales leadership team and an incredible network, which allows the agency to provide first-class commercial sales services to sports rights holders around the world. The agency has managed rights and delivered premium events across more than 30 different sports, and has a portfolio of more than 60,000 rights holders, brands, hospitality clients and broadcasters.
Being at the center of professional sport SPORTFIVE will use its unique position, in order to make a positive contribution to sustainability and to live up to the social and economic duty and responsibility, which sport and consequently all parties involved, also have. SPORTFIVE operates with a global mindset and network of over 1,200 local experts based in 15 countries around the world, active in Football, Golf, Esports, Motorsport, Handball, Tennis, American Football, Basketball, Ice Hockey, Rugby, Weightlifting, Olympics and Multi-Sport Events and many more.
Sports Techie, for the record, the F50 catamaran hydrofoils helped to set the current speed record of 99.94 km/h which is expected to be shattered with speeds in the 110km/h (59 knots) range, equal to 67.9 mph.
Since bad news can be spun into good news by the right agency, SPORTFIVE will be able to take this unfortunate crash and transform it into signing up like-minded sponsors that understand SailGP’s fast-growth pace, it’s made for television and streaming riveting competition, and the numerous fan engagement opportunities worldwide, even after a terrifying capsize at high speed that goes viral.
SailGP crashes are also just as intense.
While creating and growing long-term value for all, SPORTFIVE often leads the sports business into the future through innovative digital solutions and strives to be the most progressive and respected partner in sports.
The U.S. SailGP Team is now together with the finest global partnerships relationship development agency that spans the seven seas.
See you later sportstechie in Seattle, Atlanta and around the world!
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