Search DubaiPRNetwork.com

Dubai and UAE
Home >> Banking & Investments

Mubadala and SailGP make Waves Together, Embarking on an Exciting New Partnership

Mubadala and SailGP make Waves Together, Embarking on an Exciting New Partnership

Thursday, June 8, 2023/ Editor -  

Share

Home >> Banking & Investments

Trailblazing businesses join forces to create a more sustainable future through the platform of this exhilarating high-tech sport, while acknowledging the rich maritime heritage of Mubadala’s home in the United Arab Emirates 

UNITED ARAB EMIRATES - June 8, 2023 - SailGP, the world’s most exciting race on water, has announced a new partnership with Mubadala Investment Company, an Abu Dhabi-based international investor, as Global Series Partner. This collaboration brings together two leading-edge organizations, building on Mubadala's successful two-year tenure as the SailGP Season Grand Final title partner in San Francisco.

The new partnership extends for the next three seasons until the end of 2026. It will focus on three key pillars: building a more sustainable future through collective efforts in sport and business, connecting responsible investment with cutting-edge technology and innovation to drive forward new ideas, and collectively promoting STEM education and sports at all levels to create pathways for talent to thrive.


Aligning with the third pillar, Mubadala will also become a Global Partner of SailGP Inspire, the global league’s gender-balanced youth and community engagement program that aims to build a more inclusive sport from the ground up while promoting diversity, inspiring change and accelerating inclusion. Through its three pathways – careers, learning and racing – the program has reached over 14,665 young people around the globe. 


Homaid Al Shimmari, Deputy Group CEO and Chief Corporate & Human Capital Officer, at Mubadala Investment Company, said: “Mubadala is pleased to be working with SailGP in a partnership which brings together two trailblazing organizations. The United Arab Emirates has a long heritage of sailing, which began when wooden dhows set out from Abu Dhabi to trade with the world. Like SailGP Mubadala aims to make waves, by being a responsible investor and contributing to finding solutions to global challenges. We are also proud to be the global partner of SailGP’s Inspire program, promoting Science, Technology, Engineer and Mathematics for youth and providing opportunities for future leaders and athletes.”    

Andy Thompson, managing director of SailGP said: “After a successful two years of working closely with Mubadala, we are excited to have them now join us on a global scale – making an impact that will take this partnership to the next level. By working together to drive climate positive solutions and empower change in communities where we race around the world through our ground-breaking Inspire Program, I am confident that we can accelerate our goals and jointly create a better sport and a better planet.”

Mubadala's dedication to the championship also extends to becoming the title partner for the new-look New York Sail Grand Prix on June 22-23, 2024. One of the biggest events of the Season with a re-located racecourse off Governors Island, the Mubadala New York Sail Grand Prix is set to provide thrilling racing conditions for fans against the iconic backdrop of the Manhattan skyline and the Statue of Liberty.

Mubadala will join SailGP’s top tier of partners with Presenting Partner Rolex and Global Partners Oracle and NEAR for SailGP Season 4 – which starts 16-17 June, 2023 with the Rolex United States Sail Grand Prix in Chicago at Navy Pier. 


Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

Hitachi Energy announces over $100 million in modernization and upgrade of power ...

Emirates Park Zoo & Resort showcases commitment to sustainable tourism at Arabia ...

5th e-learning initiative offers talent horizons of creativity and innovation

du introduces du Smart Car, an innovative WiFi device with remote monitoring and ...

Exciting Lineup of Recreational Events and Educational Activities at Mohammed Bi ...

Visit Qatar to take centre stage at Arabian Travel Market

Emirates lands in Phnom Penh

Maserati and GranCabrio Trofeo at the Motor Valley Fest 2024

Mitch Evans Thrilled To Seal First Formula E Win Of The Season

Liali Shines Brighter: New Boutique, Brand Identity and Collection to start a Ne ...

Tanishq Ready For Akshaya Tritiya Gold Rush

DAE announces Financial Results for the three months ended March 31, 2024

Panasonic Launches SMARTCARE World; Holds Strategy Conference, Technical Olympic ...

Mohamed Al Hussaini Meets World Bank Vice President for the Middle East and Nort ...

EGA hosts world leading alumina experts for global technical forum in Dubai

Dubai Customs Clinches Two Prestigious Global Awards for Governance Excellence

Dubai Future Foundation launches the second Design Gov Program

‘Eclipse' Timepiece Redefines Feminine Charm

Turkish Airlines, Airbus and Rolls-Royce to Strengthen Partnership

Immerse Yourself In The Enchanting Allure Of Spring With The "Sakura Colle ...