Oakley’s investment follows the creation of the landmark America’s Cup Partnership (the “Partnership”) which will govern the America’s Cup. The Partnership is expected to enhance the commercial appeal and investability of the world’s most prestigious high-performance sailing competition.
Oakley played a central role in shaping this new framework, under which the five founding teams, including Athena, will sit in an equal partnership position.
The America’s Cup combines heritage with advanced technology, elite sport, and strong commercial appeal.