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When Big Finance Meets Big Wind: How Bank-Sponsored Boats Shape SailGP

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
New York City's waterfront isn't just a postcard-perfect backdrop for foiling catamarans. It is also a growing arena for business.
The article from Forbes, published on June 10, 2025, by Christer Holloman, discusses the intersection of finance and sailing through the lens of SailGP, a global sailing league. It highlights how major banks like JPMorgan Chase, Bank of America, and Citi have sponsored high-performance F50 catamarans, effectively merging the worlds of big finance and competitive sailing. These sponsorships not only provide financial backing but also serve as a platform for banks to showcase their commitment to sustainability and innovation, aligning with SailGP's focus on clean energy and environmental responsibility. The article delves into how these partnerships benefit both the banks, by enhancing their brand image and engaging with a new audience, and SailGP, by securing the necessary funds to expand and promote the sport globally. Additionally, it touches on the broader implications of such corporate involvement in sports, including the potential for increased public interest in sustainable practices and the role of financial institutions in driving environmental change.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/christerholloman/2025/06/10/when-big-finance-meets-big-wind-how-bank-sponsored-boats-shape-sailgp/ ]