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6d ago

Reynolds and Jackman Acquire Australian SailGP Team, Rename It BONDS Flying Roos

Hollywood stars join the three-time champion squad led by Tom Slingsby ahead of its Mubadala New York Sail Grand Prix debut

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SailGP F50 team Canada competes in front of the Statue of Liberty after the start of the finals race during the SailGP sailboat racing event won by team New Zealand in New York Harbor, New York City, U.S. June 23, 2024. REUTERS/Mike Segar/File Photo

Overview

  • The acquisition, announced on June 5, installed Ryan Reynolds and Hugh Jackman as co-owners alongside driver-CEO Tom Slingsby
  • Australian apparel brand BONDS signed on as title partner, prompting the team’s rebrand to the BONDS Flying Roos
  • Slingsby will continue in his roles as driver, co-owner and CEO for the newly named squad
  • The BONDS Flying Roos will make their first appearance under new ownership at the Mubadala New York Sail Grand Prix on June 7-8, aiming to defend their championship lead
  • SailGP expects at least $100 million in 2025 revenue as it expands its global calendar and attracts celebrity investors like Kylian Mbappé and Anne Hathaway