Investment group Quantum Pacific has acquired the Spanish SailGP Team Los Gallos.
The transaction represents the largest-ever investment in a sailing team in Spain.
Los Gallos is the 12th of 13 teams sold by SailGP competing in the Rolex SailGP Championship this season.
The acquisition of Los Gallos complements the group’s wider sports portfolio, which has an Iberian focus and also indicates the attractiveness of SailGP as an investment.
Los Gallos joins Quantum Pacific’s expanding portfolio of investments across global sport, including Spanish football team Atlético de Madrid, Portuguese football team F.C. Famalicão and Spanish cycling team Movistar Team.
Hugely significant milestone
The firm says its entry into SailGP reflects a natural evolution, investing in a next-generation, global racing championship aligned with innovation, impact and high-performance sport.
“This is another hugely significant milestone for SailGP and for the continued growth of the championship,” said SailGP managing director Andrew Thompson.
“Quantum Pacific brings a deep understanding of sport performance, commercial success and the maritime world.
Next phase of success
“Spain is a cornerstone market for us, defined by its rich sporting culture, incredibly passionate fanbase and a winning SailGP team and we’re proud to see the team enter this next phase with such a strong ownership group behind it.”
Antonio Alquézar, CEO of Los Gallos SailGP Team, added: “Welcoming Quantum Pacific as the new owner of the team marks a significant milestone in our journey. Their unmatched experience in sport provides us with the platform to build on our recent strong performances and to deliver the next phase of our success.”
Los Gallos SailGP Team is led by Olympic Champions Diego Botín and Florian Trittel alongside strategist Nicole van der Velden. The team secured SailGP’s Season 4 Championship.
