Abu Dhabi’s Mubadala and SailGP have entered a partnership which will extend for the next three seasons until the end of 2024.
The companies join forces to 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.
The state-owned holding company will become a global partner of SailGP to build a more inclusive sport while promoting diversity, inspiring change and accelerating inclusion.
Mubadala joins forces with SailGP
Homaid Al Shimmari, Deputy Group CEO and Chief Corporate and Human Capital Officer, at Mubadala Investment Company said, “Mubadala is pleased to be working with SailGP in a partnership which brings together two trailblazing organisations. 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 Programme, 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 Programme, I am confident that we can accelerate our goals and jointly create a better sport and a better planet.”
The partnership will also lead to Mubadala becoming the title partner for the New York Sail Grand Prix in June 2024.
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