Mubadala Capital acquires Brazilian SailGP team, debuting in Season 5.
Mubadala Capital, a subsidiary of Abu Dhabi's sovereign wealth fund, has acquired a Brazilian team for the international sailing competition, SailGP, marking Brazil's debut in the league and expanding its reach into South America. The investment is part of Mubadala's broader strategy to diversify investments and reinforce its commitment to Brazil. Mubadala Brazil SailGP Team, in partnership with Brazilian sports and entertainment firm IMM, will debut in SailGP during Season 5 in November 2024.
June 21, 2024
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