SailGP is an annual, global sports league that features fan-centric inshore racing with national teams competing in identical F50 foiling catamarans. Founded in 2018 by Larry Ellison and Russell Coutts, SailGP aims to transform sailing into a globally recognized, commercially sustainable sport. Inspired by Formula 1, the league ensures victories are determined by skill rather than resources. Russell Coutts is the CEO. The 2025 season included 12 teams: Australia, Brazil, Canada, Denmark, Emirates Great Britain, France, Germany, Italy, New Zealand, Spain, Switzerland, and the United States.
SailGP has experienced significant growth, with team valuations exceeding $60 million. The league's revenue is projected to be between $100 million and $150 million for the 2025 season, a large increase from the $10 million generated in 2019. SailGP is nearing profitability and is attracting high-profile investors. The 2025 season saw a record 215 million total broadcast audience, averaging 18 million viewers per event. SailGP has a commitment to sustainability through its Impact League, which rewards teams for environmental innovation.