SailGP has announced a new partnership with Mubadala Investment Company which will become the title partner of the Season 2 Grand Final.
Taking place in San Francisco on 26-27 March this year, the newly named Mubadala United States Sail Grand Prix looks to highlight the partners’ commitment to the city of San Francisco and ‘build a lasting sport and purpose-driven impact’.
SailGP CEO, Sir Russell Coutts, commented on the new deal: “SailGP and Mubadala share like-minded goals for a better future, so we are excited that they have joined as title partner for the Grand Final in San Francisco.
“Mubadala’s commitment to making a positive impact on communities around the world aligns with our SailGP Inspire program – driving toward a better sport and a better planet. Together we look forward to making a positive impact on the local community in San Francisco around our season finale.”
In a bid to accelerate inclusion in sailing, the San Francisco Inspire Learning program has been designed to connect over 1,200 young people with educational and teamwork experiences in the month leading up to the race weekend.
Both Tom Slingsby’s Australia and Jimmy Spithill’s US team have earned a place in the Grand Final, and the event in San Francisco will determine the third and final team on the starting line to vie for the US $1 million grand final race.
Ibrahim Ajami, Head of Ventures and Growth at Mubadala, added: “We are proud to sponsor the Grand Final of SailGP. We are excited about this partnership and see a strong resonance between Mubadala and SailGP.
“As a responsible investor, we are committed to making lasting contributions in the communities where we invest. We look forward to working together to make San Francisco’s final one of the most impactful yet.”
This is the second sporting partnership secured by Mubadala this week, as its Aldar holding became Man City’s newest sponsor and looked to build new development projects within real estate, retail and football education.
Alder’s CEO is also City’s Chairman, Khaldoon Al Mubarak, and will use the Manchester City brand and intellectual property to ‘promote select residential projects’ to the Premier League side’s followers.