Strong interest for SailGP expansion

After SailGP revealed expansion plans for the 2026 season, unveiling details of a tender process to seek investment for ownership of two new teams, more than a dozen bidders are being considered.

“I think we’re at about 15 (bidders) at the moment,” said Andrew Thompson, SailGP’s managing director. “The bids close on August 15, and then we will make a decision.

“We’ve been talking to various parties for the last couple of years and we have kind of funnelled them all into the same place, so I’d be amazed if all of a sudden somebody else just came in now, but you never know.”

SailGP still owns the New Zealand and Spain teams and are looking at how they can bring new investment into them. – Full report