Sailing-American Magic take over Danish SailGP team in $60 million deal
Published on: Feb. 13, 2026, 2:27 a.m. | Source: Devdiscourse
American Magic, the sailing team backed by U.S. sports investor Doug DeVos, has bought Danish SailGP speed record holders ROCKWOOL Racing in a $60 million deal launched on the eve of the global league's New Zealand event. "It's a great team, great sailors," DeVos told a briefing marking the 11th sale of a team in SailGP, which was set up by Larry Ellison and America's Cup veteran Russell Coutts.
