Quantum Pacific Buys SailGP’s Spain Team Los Gallos

The deal advances SailGP’s shift to privately owned teams, leaving only New Zealand under league control.

Overview

SailGP confirmed Thursday that Quantum Pacific bought Spain’s Los Gallos, with no price disclosed after CityAM reported the transaction as an eight-figure deal.
The sale is the league’s 12th team transfer to private owners out of 13, leaving New Zealand’s Black Foils as the only team still owned by SailGP.
Quantum Pacific, linked to billionaire Idan Ofer, already holds stakes in Atletico Madrid and the Movistar cycling team, and its CEO Antoine Bonnier signaled a long-term push in the Iberian market.
Los Gallos, led by Olympic sailors Diego Botin and Florian Trittel, won the 2024 title and sit mid-table this season, with racing in Rio de Janeiro this weekend and a home event in Valencia in September.
League leaders say the move fits SailGP’s franchise plan that draws local investors and new sponsors, and Spanish ownership could help the team land a title partner and grow commercial revenue.