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Ares Management Acquires Stake in France SailGP Team

1. Ares acquired a minority stake in France SailGP Team. 2. The investment highlights Ares' entry into the growing SailGP championship. 3. Ares joins a consortium including superstar Kylian Mbappé. 4. SailGP is experiencing impressive growth in viewership and engagement. 5. Ares' expertise in sports investments will strengthen the team's potential.

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FAQ

Why Bullish?

Ares' strategic investment reflects confidence in SailGP's growth trajectory. Historical investments in sports have often resulted in significant returns.

How important is it?

The investment aligns with Ares' strategy in sports, potentially enhancing overall brand value and market performance.

Why Long Term?

The investment aims to capitalize on long-term growth in the sports entertainment sector, similar to past successes like Inter Miami CF.

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- NEW YORK--(BUSINESS WIRE)--SailGP announced today that Ares Sports, Media and Entertainment funds (“Ares”) have acquired a minority stake in the France SailGP Team. The strategic investment marks Ares’ entry into SailGP, reinforcing the growing momentum behind the global racing championship. The firm joins a consortium of investors in the France SailGP Team, including international football superstar Kylian Mbappé. SailGP Managing Director Andrew Thompson said, “Today is an exciting milestone for SailGP, as we welcome Ares to our growing group of investors and team owners. The investment in our French team by an organization with a stellar portfolio of first-rate sports properties underlines the strength of SailGP’s global league model and reinforces the commercial potential of our teams. Ares brings both institutional capital and deep strategic insights – they’ll be a highly-valuable collaborator in growing the French team and the Rolex SailGP Championship more broadly.” Jim Miller, Co-Lead of Ares’ Sports, Media and Entertainment strategy said, “SailGP has achieved impressive growth across its teams, viewership and engagement, and we are thrilled to enter the league and join the France SailGP Team’s existing owners group at this inflection point. With the team’s expanding ecosystem of dedicated athletes, sponsors and fans, alongside Ares’ experience investing in premier global sports teams, we are eager to lend our capabilities as the team continues to build on its momentum.” A leading global alternative investment manager, Ares Management has an extensive track record in sports, media and entertainment investing. Ares’ investment in the France SailGP team expands its existing portfolio of professional sports team investments, including Inter Miami CF, McLaren Racing and Atlético de Madrid, among others. ABOUT SAILGP | The most exciting racing on water, the Rolex SailGP Championship sees national teams battling it out in identical high-tech, high-speed 50-foot foiling catamarans at iconic venues around the world. Racing faster than the wind at speeds approaching 100 km/h (60 mph), SailGP is driven by the sport’s top athletes, with national pride, personal glory, and a total prize money of US $12 million at stake. Visit SailGP.com to find out more.

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