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Abu Dhabi: Mubadala becomes new global series partner for Sailing Grand Prix – News

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The new partnership will run for the next three seasons until the end of 2026


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published: Thursday, June 8, 2023 at 4:13 pm

State-owned Mubadala Investments is the new global series partner of the international sailing competition SailGP.

The partnership builds on Mubadala’s successful two-year tenure as title partner of the San Francisco Yachting Grand Prix Grand Finale. The new partnership will run for the next three seasons until the end of 2026. It will focus on three key pillars: building a more sustainable future through joint efforts between sport and business, linking responsible investment with cutting-edge technology and innovation, driving new ideas for development and working together to advance STEM education at all levels and sports to pave the way for the growth of talents.

Aligning with Pillar Three, Abu Dhabi sovereign investor Mubadala will also become a global partner in SailGP Inspire, a global coalition’s gender-balanced youth and community engagement program to build a more inclusive community from the ground up. movement while promoting diversity, inspiring change and accelerating inclusion. Through the three pathways of careers, studies and racing, the program has reached more than 14,665 young people around the world.

“The UAE has a long tradition of seafaring, which began when wooden dhows sailed from Abu Dhabi to trade with the world. Like SailGP, Mubadala aims to contribute to finding solutions to global challenges by being a responsible investor Make waves by making a contribution. We are also proud to be a global partner of SailGP’s Inspire programme, promoting science, technology, engineering and mathematics to youth and providing opportunities for future leaders and athletes,” Deputy Group CEO Homaid Al Shimmari, Chief Corporate and Human Capital Officer, said at Mubadala Investment Company.

Mubadala will join SailGP’s top partners in SailGP season 4 showcase partner Rolex and global partners Oracle and Near, which kicks off with the Rolex America’s Yacht Grand Prix at Chicago’s Navy Pier on June 16-17 .

Andy Thompson, Managing Director of SailGP, said: “After two years of working closely and successfully with Mubadala, we are delighted that they are now joining us globally – the impact will make this Working together through our groundbreaking Inspire program to drive climate positive solutions and drive change in the communities where we race around the world, I believe we can accelerate our goals and create better sport and A better earth.”

In addition, Mubadala is the title partner of the new-look New York Sailing Grand Prix next June.

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