Latest news with #GianLucaPassidePreposulo
South Wales Argus
27-05-2025
- Business
- South Wales Argus
Anne Hathaway joins consortium of investors for Red Bull Italy SailGP
The consortium is led by Muse Capital founding partner, Assia Grazioli-Venier, and luxury brand entrepreneur, Gian Luca Passi de Preposulo, with one of the world's most decorated sailors and SailGP icon, Jimmy Spithill, as CEO and co-owner. The new ownership group brings together a powerful combination of elite sports leadership, entrepreneurial vision, and celebrity status, with deep-rooted expertise in brand building and media. The acquisition also marks a first for the global racing championship establishing Red Bull Italy SailGP with a female-led ownership group and a firm eye on the growing commercial viability of the mixed-gender championship. The group of investors includes MFO Certuity, Yeh Capital, Alexander Gilkes, Evan Yurman, and leaders from global business, sport and stardom, with Anne Hathaway, Adam Shulman, actress Miriam Leone, Julie Eddleman, Heather Karatz, Pete Delgrosso, and Dr. Jennifer Ashton on board. With Red Bull as Title Partner, the team's ambition is to become one of the most innovative and brand-driven presences in the championship. The 'Made in Italy' consortium blends expertise not only in the world of elite sport and cutting-edge technology, but culturally resonant storytelling & top-class entertainment — a model representation of a new generation of globally ambitious sports ventures. Assia Grazioli-Venier, Founder of Muse Capital and Muse Sport, said of the acquisition: 'Italy has an extraordinary sailing legacy, and our mission is to be a catalyst for its next phase. 'Muse Sport is honored to lead this pivotal moment for our sport. SailGP has massive commercial potential for global growth and impact that this ownership group will realize, leaning on elite leadership with strategic entrepreneurial capital. 'As someone deeply connected to Italian and sailing culture, it's an honour and a responsibility to help guide a team that embodies excellence, innovation, and true inclusivity.' Anne Hathaway and Adam Shulman, said: 'The new Red Bull Italy Sail GP team embodies a powerful convergence of innovation, athletic excellence, and a deep commitment to inclusive leadership — particularly in advancing the role of women in high-performance sport. 'Our deep and enduring love for Italy makes this opportunity especially meaningful, and we're so excited to have been invited to support a project that reflects both tradition and transformative vision.' 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. 'Together, they bring an incredibly experienced, and exciting lineup of commercially-minded investors to the table, marking another significant milestone in SailGP's growth as a league." Gian Luca Passi de Preposulo, Chairman of the Board, added: 'SailGP is far more than a sporting competition—it's a global platform for innovation, entertainment and hospitality. 'We are building a team that reflects the future of sports business: technology-led, culturally impactful and environmentally responsible.' Jimmy Spithill, CEO, Founder and Co-Owner of SailGP ITA, said: 'Being at the top of the sport as an athlete for the last 25 years, it's incredibly exciting to put together such a talented World Class Team-both on and off the water. 'This marks the next chapter in the evolution of Italian sailing, and I'm thrilled to share this journey with Assia and Gian Luca.' Established using a centrally-owned business model, today's news follows a period of significant growth for SailGP, including a number of record team sales. Told through the lens of Spithill, the journey of the Italian team is highlighted in SailGP's first-ever, long-form premium docuseries Uncharted , launching across global broadcast channels next month. The Rolex SailGP Championship returns next month with the sixth stop of the 2025 Season, the Mubadala New York Sail Grand Prix on June 7-8, before it heads to UK waters for the highly-anticipated Emirates Great Britain Sail Grand Prix, Portsmouth on July 19-20, kicking off an epic summer of European events.
Glasgow Times
27-05-2025
- Business
- Glasgow Times
Anne Hathaway joins consortium of investors for Red Bull Italy SailGP
The consortium is led by Muse Capital founding partner, Assia Grazioli-Venier, and luxury brand entrepreneur, Gian Luca Passi de Preposulo, with one of the world's most decorated sailors and SailGP icon, Jimmy Spithill, as CEO and co-owner. The new ownership group brings together a powerful combination of elite sports leadership, entrepreneurial vision, and celebrity status, with deep-rooted expertise in brand building and media. The acquisition also marks a first for the global racing championship establishing Red Bull Italy SailGP with a female-led ownership group and a firm eye on the growing commercial viability of the mixed-gender championship. The group of investors includes MFO Certuity, Yeh Capital, Alexander Gilkes, Evan Yurman, and leaders from global business, sport and stardom, with Anne Hathaway, Adam Shulman, actress Miriam Leone, Julie Eddleman, Heather Karatz, Pete Delgrosso, and Dr. Jennifer Ashton on board. With Red Bull as Title Partner, the team's ambition is to become one of the most innovative and brand-driven presences in the championship. The 'Made in Italy' consortium blends expertise not only in the world of elite sport and cutting-edge technology, but culturally resonant storytelling & top-class entertainment — a model representation of a new generation of globally ambitious sports ventures. Assia Grazioli-Venier, Founder of Muse Capital and Muse Sport, said of the acquisition: 'Italy has an extraordinary sailing legacy, and our mission is to be a catalyst for its next phase. 'Muse Sport is honored to lead this pivotal moment for our sport. SailGP has massive commercial potential for global growth and impact that this ownership group will realize, leaning on elite leadership with strategic entrepreneurial capital. 'As someone deeply connected to Italian and sailing culture, it's an honour and a responsibility to help guide a team that embodies excellence, innovation, and true inclusivity.' Anne Hathaway and Adam Shulman, said: 'The new Red Bull Italy Sail GP team embodies a powerful convergence of innovation, athletic excellence, and a deep commitment to inclusive leadership — particularly in advancing the role of women in high-performance sport. 'Our deep and enduring love for Italy makes this opportunity especially meaningful, and we're so excited to have been invited to support a project that reflects both tradition and transformative vision.' 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. 'Together, they bring an incredibly experienced, and exciting lineup of commercially-minded investors to the table, marking another significant milestone in SailGP's growth as a league." Gian Luca Passi de Preposulo, Chairman of the Board, added: 'SailGP is far more than a sporting competition—it's a global platform for innovation, entertainment and hospitality. 'We are building a team that reflects the future of sports business: technology-led, culturally impactful and environmentally responsible.' Jimmy Spithill, CEO, Founder and Co-Owner of SailGP ITA, said: 'Being at the top of the sport as an athlete for the last 25 years, it's incredibly exciting to put together such a talented World Class Team-both on and off the water. 'This marks the next chapter in the evolution of Italian sailing, and I'm thrilled to share this journey with Assia and Gian Luca.' Established using a centrally-owned business model, today's news follows a period of significant growth for SailGP, including a number of record team sales. Told through the lens of Spithill, the journey of the Italian team is highlighted in SailGP's first-ever, long-form premium docuseries Uncharted , launching across global broadcast channels next month. The Rolex SailGP Championship returns next month with the sixth stop of the 2025 Season, the Mubadala New York Sail Grand Prix on June 7-8, before it heads to UK waters for the highly-anticipated Emirates Great Britain Sail Grand Prix, Portsmouth on July 19-20, kicking off an epic summer of European events.
New York Times
27-05-2025
- Business
- New York Times
Red Bull Italy SailGP team acquired by Grazioli-Venier's Muse Sport consortium
A consortium partially led by Muse Capital founding partner Assia Grazioli-Venier has acquired the Red Bull Italy SailGP team. Known for backing consumer technology companies, women's health and women's sports, Grazioli-Venier is setting sail with a team valued at $45 million through her sports advisory arm, Muse Sport. Advertisement The acquisition marks a first for the global racing championship, establishing Red Bull Italy as the first SailGP team with a female-led ownership group. Grazioli-Venier has partnered with luxury brand entrepreneur Gian Luca Passi de Preposulo, who will serve as chairman of the board, and two-time America's Cup winner Jimmy Spithill, who joins as co-owner and CEO to lead the consortium. The investor group features an impressive roster of sports industry leaders and seasoned professionals, including Alexander Gilkes, Heather Karatz, Peter Delgrosso and Dr Jennifer Ashton, as well as Hollywood's own Anne Hathaway. The team is valued at $45 million. 'I've made a career of being ahead of the curve of trends the last two decades, and have a knack for spotting talent and identifying things before most people — from streaming 20 years ago to women's healthcare nine years ago,' Grazioli-Venier told The Athletic. After establishing Muse Sport, Grazioli-Venier was an early investor in the emerging sports and women's sports boom, buying a stake in Washington Spirit in 2021 when Michele Kang was a minority investor. She also invested in Miami Pickleball, and Haley Rosen's media platform Just Women's Sports. More recently, she became chair of the board of the Women's Pro Baseball League (WPBL). Grazioli-Venier's father competed in the inaugural Whitbread Race in 1973 (now known as the Ocean Race) and first came across the United States SailGP team when it came up for sale two years ago. She was not immediately interested. 'But then, as soon as I looked under the hood, I realized it was completely the opposite. This is not our grandfather sailing, or even my own father's sailing. This is not even sailing. It's foiling. 'Commercially sustainable, global, all year round, exhilarating, digital and experiential and with core values that aligned with ours at Muse — men and women on the same team through the Women's Pathway programme, and climate sustainability as 'powered by nature'.' Advertisement After investing in November 2023, Grazioli-Venier hailed the sport's dedication to diversity and is now in the process of selling her minority stake in the U.S. team. Founded by Larry Ellison, a tech entrepreneur and one of the richest men in the world, SailGP features 12 identical F50 catamarans competing in high-speed, two-day events around the world. Across its first four seasons, SailGP grew from six teams and five events to 12 teams and 12 events. The league's co-founders, Ellison and five-time America's Cup winner Russell Coutts, were the original majority owners of SailGP, but with Red Bull Italy team's acquisition, 10 of 12 teams on the start-line are now privately funded, with future boats joining the league all independently owned and financed. Two years ago, SailGP was selling teams between $5 million and $10 million. Last year, former Milwaukee Bucks owner Marc Lasry led a group of investors and acquired the US team for $35 million, the largest sale at the time. In March, Real Madrid superstar Kylian Mbappe bought a stake in the France SailGP team. The league is founded on a few core principles: a cost cap and shared technology across all teams. 'It's a commercially sound, sustainable business model, which is very rare in sports, especially in racing,' Grazioli-Venier says. 'The fact that you could break even by year two, and potentially pay dividends to investors, is almost unheard of. Most sports teams burn through cash and rely on capital injections. This model flips that script, it's sustainable and smart, and that's why it is very interesting to me.' SailGP is also the only professional sports league where women and men are fully integrated, competing together on teams. For Grazioli-Venier, it was also important that the league increased gender equity in sailing by accelerating the training and development of female athletes. Since the launch of the 'Women's Pathway' in 2021, female athletes have been on board all F50 boats in every SailGP race. Advertisement On the commercial side, with Red Bull as title partner, Red Bull Italy's ambition is to become one of the most innovative and brand-driven presences in the championship. Grazioli-Venier explains that their 'Made in Italy' consortium blends expertise and cutting-edge technology, but culturally resonant storytelling and top-class entertainment. 'Partnering with Gian Luca Passi de Preposulo, who brings extensive experience in luxury brands, was an essential component for making this a successful endeavor,' she says. SailGP has grown its audience in the U.S. since its inaugural season in 2019. This season, CBS featured 54 hours of SailGP across its networks. The league said last season that 1.78 million tuned into November's Spain Sail GP on CBS, the largest linear TV audience in the U.S. for any race on water in 30 years, including the Olympics and America's Cup. This season, the 2025 KPMG Australia Sail Grand Prix in Sydney delivered the league's largest global TV audience, reaching 21.1 million viewers worldwide: 'It's always been a digital-first product as well as a broadcast-first product as well as an experiential product,' Grazioli-Venier says. 'They've essentially mastered every aspect of fan engagement — wherever the audience is, they're there. And Larry's working on exciting innovations to elevate the experience even further.'
Time of India
17-05-2025
- Entertainment
- Time of India
Jessica Chastain is still 'trying to learn Italian' for her husband
Actress Jessica Chastain has said that she is still trying to master Italian so she can speak to her husband Gian Luca Passi de Preposulo in his native language. Chastain has been married to Gian Luca Passi de Preposulo since June 2017 and the couple have two children, daughter Giulietta and son Augustus, reports Speaking to Italian publication IO Donna , Chastain said: "I tried and I'm still trying to learn Italian, since it's part of my family, but I still don't feel confident enough to speak without difficulty. "I also studied four years of French in high school, alas I don't remember anything. In the public school system in the United States, unfortunately, you don't learn much." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Mr. Hemant's Strategy Finally Explained in Free Session TradeWise Learn More Undo The 48-year-old actress lives in New York with her family and although it would be easy for her to relocate to Italy she has never considered quitting America, despite the political upheaval she feels since Donald Trump was re-elected as US President. Chastain said: "I have loved New York since the first time I went there, on a school trip when I was still a high school student in California. New York is my favourite city in the world. I love walking down the streets and hearing so many different languages, so many different accents. "Among the many things I like about the city, there is one fundamental: it erases class differences at least twice a day, when everyone - including me when I walk my children to school - takes the subway. "I realise that living in the United States at this time in history means having to accept many decisions and political statements that I do not agree with, especially when it comes to immigration. But I still believe in the good of the United States and I want to be a part of it. Leaving would seem like giving up. And I am not one to give up, so I will not do it just because of one bad apple." Check out our list of the latest Hindi , English , Tamil , Telugu , Malayalam , and Kannada movies . Don't miss our picks for the best Hindi movies , best Tamil movies, and best Telugu films .
Time of India
17-05-2025
- Entertainment
- Time of India
Jessica Chastain reveals she is 'trying to learn Italian' for her husband
Actress Jessica Chastain has said that she is still trying to master Italian so she can speak to her husband Gian Luca Passi de Preposulo in his native language. Chastain has been married to Gian Luca Passi de Preposulo since June 2017 and the couple have two children, daughter Giulietta and son Augustus, reports Speaking to Italian publication IO Donna, Chastain said: "I tried and I'm still trying to learn Italian, since it's part of my family, but I still don't feel confident enough to speak without difficulty. "I also studied four years of French in high school, alas I don't remember anything. In the public school system in the United States, unfortunately, you don't learn much." The 48-year-old actress lives in New York with her family and although it would be easy for her to relocate to Italy she has never considered quitting America, despite the political upheaval she feels since Donald Trump was re-elected as US President. Chastain said: "I have loved New York since the first time I went there, on a school trip when I was still a high school student in California. New York is my favourite city in the world. I love walking down the streets and hearing so many different languages, so many different accents. "Among the many things I like about the city, there is one fundamental: it erases class differences at least twice a day, when everyone - including me when I walk my children to school - takes the subway. "I realise that living in the United States at this time in history means having to accept many decisions and political statements that I do not agree with, especially when it comes to immigration. But I still believe in the good of the United States and I want to be a part of it. Leaving would seem like giving up. And I am not one to give up, so I will not do it just because of one bad apple." Check out our list of the latest Hindi , English , Tamil , Telugu , Malayalam , and Kannada movies . Don't miss our picks for the best Hindi movies , best Tamil movies, and best Telugu films .
