Latest news with #RedBullItalySailGPTeam
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First Post
28-05-2025
- Entertainment
- First Post
Hollywood star Anne Hathaway makes foray into sporting world with Red Bull Italy SailGP Team deal
Famous actor Anne Hathaway is part of a female-led consortium that has acquired the Red Bull Italy SailGP Team. read more Oscar winner Anne Hathaway has sailed into sports ownership, joining a female-led consortium that has acquired the Red Bull Italy SailGP Team in a landmark deal bringing Hollywood star power to the high-octane racing championship. Sailing great Jimmy Spithill has been installed as team CEO and co-owner, with investors from entertainment, luxury goods and finance in what SailGP CEO Russell Coutts called 'another significant milestone in SailGP's growth as a league', SailGP is the international sailing league featuring high-performance F50 foiling catamarans, with national teams competing in short-format races at coastal venues around the world. STORY CONTINUES BELOW THIS AD Founded in 2018, the series aims to revolutionise sailing with fast-paced, made-for-broadcast events and cutting-edge data analytics. The current SailGP season features 12 teams competing. The next event on the calendar is the Mubadala New York Sail Grand Prix, scheduled for June 7-8.
Business Recorder
28-05-2025
- Business
- Business Recorder
From red carpet to Red Bull, Anne Hathaway boards high-speed league
Oscar winner Anne Hathaway has sailed into sports ownership, joining a female-led consortium that has acquired the Red Bull Italy SailGP Team in a landmark deal bringing Hollywood star power to the high-octane racing championship. Sailing great Jimmy Spithill has been installed as team CEO and co-owner, with investors from entertainment, luxury goods and finance in what SailGP CEO Russell Coutts called 'another significant milestone in SailGP's growth as a league'. SailGP is the international sailing league featuring high-performance F50 foiling catamarans, with national teams competing in short-format races at coastal venues around the world. Dior shows Maria Grazia Chiuri's cruise collection in Rome Founded in 2018, the series aims to revolutionise sailing with fast-paced, made-for-broadcast events and cutting-edge data analytics. The current SailGP season features 12 teams competing. The next event on the calendar is the Mubadala New York Sail Grand Prix, scheduled for June 7-8.
Wales Online
28-05-2025
- Business
- Wales Online
Hollywood royalty Anne Hathaway among consortium to acquire innovative sailing team
Hollywood royalty Anne Hathaway among consortium to acquire innovative sailing team 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 Anne Hathaway (Image: 2024 Rick Kern ) Anne Hathaway hailed a desire to 'advance the role of women in high performance sport' as a key factor behind her decision to join a consortium of investors and sports industry leaders who have acquired the Red Bull Italy SailGP Team. 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. The acquisition 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 Article continues below 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.' 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.' 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.' SailGP: Uncharted trailer 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. Article continues below
New York Times
13-03-2025
- Climate
- New York Times
New SailGP Teams Must Learn to ‘Fly.' And Quickly.
It's not easy learning to fly. But for new or recently reorganized teams that are competing in SailGP, it's a crucial step to winning races and competing for the season's championship title. SailGP's fifth season features more teams and events than ever, but its fleet of identical F50 catamarans, which can fly above the water on hydrofoils at highway speeds, have a steep learning curve. Sailors say these boats reward experience, especially in high- or low-wind conditions. This creates challenges for newer or less experienced teams, because SailGP closely controls the amount of practice time that teams log on their 50-foot-long F50s. Season 5's first three events had a challenging mix of light air (Dubai, United Arab Emirates) and then stronger winds (Auckland, New Zealand, and Sydney, Australia), but the Los Angeles Sail Grand Prix, which will take place on Saturday and Sunday, could deliver friendlier conditions. According to Chris Bedford, SailGP's official meteorologist, Los Angeles has historically experienced mid-March winds ranging from 9 to 16 knots. Contrast this with Dubai, which delivered winds of about 6 to 11 knots, Auckland (about 12 to 22 knots) and Sydney (about 11 to 19 knots). 'The F50 is in its sweet spot in about 14 to 15 knots and flat water,' said Giles Scott, an Olympic double gold medalist and the new driver of the Canadian-flagged NorthStar SailGP Team. 'If it is in that sweet spot, it's going to be full-on,' he said of the Los Angeles event. 'It's going to be competitive.' If this happens, it could help less experienced teams by delivering a playing field that's less reliant on teams' depth of F50 experience. 'I think it makes the boat a lot easier to sail and to race,' said Russell Coutts, SailGP's chief executive and a five-time America's Cup winner. He explained that sailors did not have to make as many adjustments to the settings of their boats in steady winds. 'Maybe they might get one event where it's moderate winds and smooth water.' But even in moderate conditions, racing F50s is challenging. 'They're one of the fastest boats out there,' said Martine Grael, a double Olympic gold medalist and the driver of the Mubadala Brazil SailGP Team, which joined the league for Season 5. 'Things happen really fast.' Grael, who is SailGP's first and only female driver, described F50s as technical boats. 'We intentionally make the boats hard to sail, complex to sail, because they're meant to be a test for the best [sailing] athletes in the world,' Coutts said. 'If you're any top sports person, you want to test yourself against the best in the world and in equal equipment.' Ruggero Tita, a double Olympic gold medalist and the driver of the Red Bull Italy SailGP Team, which also joined the league for Season 5, agreed that F50s could be challenging to race. 'Every role on the boat is extremely important for the full performance,' Tita said. He likened the experience to assembling a puzzle, where the sailors are the pieces. All roles, he said, must be perfectly aligned and coordinated. This is where experience pays dividends. Erik Heil, a double Olympic bronze medalist and the driver of the Germany SailGP Team presented by Deutsche Bank, which joined the league in Season 4, said that some sailors had years more experience than others on the boats. 'We have quite limited time in these boats to catch up,' Heil said. This presents leadership and team-building challenges. 'We're very much on a bit of a building program with the team,' Scott said of his new squad. 'The biggest challenge has been just a new group of people working together,' he said. While Coutts and Scott said that it was possible for less experienced teams to win races and compete for — or win — the season championship, Scott said his team had a shaky start to its season. At the windy Auckland event, for example, Billy Gooderham, the team's flight controller, who adjusts the boat's hydrofoils, was injured. As a result, the team didn't compete in three of the event's seven fleet races. While Coutts said the Canadian team was working to add depth to their backup sailors, other teams were still working on advancing the skills of their primary crew members. This is where big data can ease the learning curve. F50s are fitted with 125 sensors that capture about 53 billion data points, across all 12 boats, per race day. This data is transmitted to an Oracle-run cloud, where it's available to the teams. 'All the data is centralized,' Coutts said. Teams can interrogate the data using Oracle's artificial intelligence to produce data-driven insights on what their competitors are doing. 'It is incredibly powerful,' Coutts said, adding that SailGP uses this data and Oracle's A.I. to detect any anomalies in the boats' electronics and hydraulics to ensure equality among the fleet. In addition to shared data, SailGP has two full-scale simulators. 'Simulators helped a lot with getting the mechanical process for maneuvers,' Grael said. But Grael and others said there were limitations on how the computer replicates the wind. 'It reaches a limit quite early,' Heil said, noting that while the simulators are great, they're far removed from sailing an F50. Because of this, Heil said that his team instead trained aboard 32-foot catamarans and small, one-person foiling boats, which aren't governed by SailGP training rules, which prohibit teams from training on the F50s outside of officially sanctioned practice days. Transfers are another new way that teams can buy experience. Since last fall, 10 athletes have been transferred between six teams. 'You learn more, and you learn faster, when you've got some key experience around you,' Coutts said. Take the Italian team's acquisition of Kyle Langford, a wing trimmer who helped the Australia SailGP Team win SailGP's first three championship titles. 'He is the only one that is experienced in the boat,' Tita said of Langford. 'He's super important, and he's trying hard to teach us' to quickly become a 'better version of ourselves.' Case in point: The Italian team finished in sixth place at the Auckland event. This was the best result there by any of the new or recently reorganized teams. To address the wide range of conditions that the league races in, SailGP created two sets of hydrofoils and three different wing sails — big ones for light winds, medium-size wings for average conditions and small ones for heavy winds — to best match conditions. Sailors say that while both ends of the wind spectrum are challenging, lighter winds can be more demanding, especially for newer teams. 'One of the biggest things in our sport is like how you can time the takeoffs when you go from displacement sailing into foiling,' Grael said, referring to sailing with one or both of the hulls in the water. This transition requires speed. F50s need to be moving through the water at around 16 to 18 knots — or about 18 to 20 miles per hour — for their hydrofoils to lift the boat out of the water (imagine a plane taking off). Drop below this threshold and boats crash back into the water. This matters greatly because F50s are much faster when they fly above the water on their hydrofoils than when they drag their hulls through it. 'Marginal foiling is what we struggle with,' Heil said, describing conditions between displacement sailing and foiling, and noting that windier conditions are way more natural. Grael might be new to SailGP, but she said she also preferred racing in heavier winds than lighter breezes. 'Very difficult sailing conditions are difficult for everyone,' she said of windy days, adding that experience was more pronounced in light winds. Even if conditions in Los Angeles are ideal, it could be a short-lived reprieve: SailGP's next stop, one week later, is San Francisco. 'That's going to be a windy event, top of the top of the range, probably more than likely,' Coutts said. 'That's not going to be easy.'
