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

Emirates Literature Foundation Invites Students to Participate in Exciting Compe ...

Environment Agency - Abu Dhabi concludes Participation at 78th UNGA Meetings an ...

MoHAP Holds National Workshop to Strengthen Health System Response to Violence

ABB to Launch the Latest and Narrowest in their AIS MV Switchgear Technology des ...

International Luxury Group Makes a Mark at the 42nd Hong Kong Watch & Clock Fair

Year of Sustainability Calls Upon the Public to Embrace Sustainable Behaviours t ...

Kanoo Energy Takes Center Stage at ADIPEC 2023 with Next-Gen Energy Solutions

Young UAE-based Karting Drivers Eager to Taste World Success after Podium Finish ...

Dubai Health Authority Honours Outstanding Committees and Teams

Maserati MSG Racing Reveals Season 10 Formula E Driver Line Up

Dr. Dhananjay Datar Honored with Icon of Dubai Award by India Today Group

Glittering Grandeur Unveiled: Dubai Residents To Turn Their Special Moments Into ...

Xiaomi Announces Global launch of Xiaomi 13T Series

Carrefour Celebrates 28 Years with Unbeatable Discounts Across All Products

RAK Hospital's DiaBeat Webinar Sheds Light on Integrating Alternative Therapies ...

New Acer Nitro V 15 Laptop Makes Gaming More Accessible

School of Life Reveals the Secrets of Calligraphy and Highlights Its Beauty

Malquot Transferred Safely to the Yas SeaWorld® Research & Rescue Centre

flydubai Receives Four-Star Major Airline rating by APEX

DP World Tour Championship Prepares to Celebrate 15 Years of Excellence