British private equity firm Oakley Capital has agreed to a majority ownership investment in Ben Ainslie’s Athena Racing team, providing long-term funding for Britain’s bid in the 2027 America’s Cup, according to a report by Reuters.
Ainslie, Britain’s most decorated Olympic sailor and 2013 America’s Cup winner with Oracle Team USA, had been self-funding the campaign following his split from previous backer INEOS earlier this year. He described the Oakley deal as “delightful” and a key step in br...
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