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Ryan Reynolds and Hugh Jackman Become Co-Owners of BONDS Flying Roos SailGP Team

They join Olympic gold medalist Tom Slingsby for a debut under their stewardship at the Mubadala New York Sail Grand Prix on June 7–8

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FILE - Actor and Global Citizen Ambassador Hugh Jackman, right, is joined by Global Citizen CEO and Co-Founder Hugh Evans as he addresses attendees of the Global Citizen Now conference, May 2, 2024, in New York. (AP Photo/Mary Altaffer, file)
Hugh Jackman and Ryan Reynolds attend the premiere of 'Deadpool and Wolverine' in New York City, New York, U.S., July 22, 2024. REUTERS/Caitlin Ochs/File Photo
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Overview

  • Ryan Reynolds and Hugh Jackman officially acquired the Australian SailGP team on June 5, becoming co-owners alongside Olympic champion and CEO Tom Slingsby.
  • The squad has been rebranded as the BONDS Flying Roos with Australian underwear brand BONDS stepping in as the team's first title sponsor.
  • The Flying Roos have captured three SailGP championships in four seasons and will launch under their new identity at the Mubadala New York Sail Grand Prix on June 7–8.
  • The acquisition expands Reynolds’ sports portfolio, which already includes co-ownership stakes in Wrexham AFC, Club Necaxa, La Equidad and the Alpine F1 Team, and marks Jackman’s debut in sports ownership.
  • SailGP, founded in 2019 by Russell Coutts and Larry Ellison, fields 12 national teams in identical 50-foot foiling catamarans and anticipates at least $100 million in revenue for 2025.