- Outreach programme to support 1,200 young people in grand final host city
- Mubadala says deal with SailGP illustrates responsible investment approach
SailGP has announced Mubadala, the Abu Dhabi sovereign wealth fund, as the title partner of the international yacht racing series’ season two grand final in San Francisco.
Along with the standard rights afforded by the title sponsorship agreement, Mubadala will also become the presenting partner for SailGP’s Inspire Learning community initiative, which is aiming to provide work opportunities for 10,000 young people by 2025.
In the month building up to the race weekend, which gets underway on 26th March, the Inspire Learning programme will aim to offer educational and teamwork experience opportunities to more than 1,200 young people in San Francisco.
“SailGP and Mubadala share like-minded goals for a better future, so we are excited that they have joined as title partner for the Grand Final in San Francisco,” said Sir Russell Coutts, SailGP chief executive.
“Mubadala’s commitment to making a positive impact on communities around the world aligns with our SailGP Inspire programme – driving toward a better sport and a better planet. Together we look forward to making a positive impact on the local community in San Francisco around our season finale.”
Ibrahim Ajami, head of ventures and growth at Mubadala, added: “As a responsible investor, we are committed to making lasting contributions in the communities where we invest. We look forward to working together to make San Francisco’s final one of the most impactful yet.”