US EditionSailGP's Los Gallos Bought by Atletico Madrid Investor Quantum Pacific
13 Articles
13 Articles
With an investment between 45 and 50 million euros is the largest investment made in a sailing team in Spain
It was one of the most anticipated news in the sailing world. Of the 13 teams competing in the sixth season of SailGP, the flying catamaran circuit that exceeded 100 km/h, only two remained without owner: New Zealand and Spain. Despite the good results of 'Los Gallos', champions in 2024 and that last year they finished fourth the Rolex SailGP Championship, not having behind an investor group generated some uncertainty regarding the future. There…
SailGP takes step closer to goal
When the SailGP league was founded, it owned all the teams with the stated goal of having them off their books in five seasons. They haven’t quite made it, but just took a step closer in season six when Israeli billionaire Idan Ofer bought Los Gallos, the Spanish-based team in the global sailing competition. The son of Israeli shipping magnate Sammy Ofer, he now has interests in energy, mining, shipping and sports, and has amassed a fortune of m…
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