Larry Ellison Hits the High Seas With Endeavor in Sailing Deal

Deal values Oracle co-founder’s SailGP league at $200 million
Circuit scheduled to begin second season on Feb. 28 in Sydney

The U.S. and Great Britain go head to head at the New York SailGP on June 22.Photographer: Bob Martin for SailGP

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Scott Soshnick

February 6, 2020 at 12:00 PM UTC

This article is for subscribers only.

Billionaire Larry Ellison is selling an ownership stake in the professional sailing league he co-founded to Endeavor, the Hollywood talent agency and media business led by Ari Emanuel.

The deal values the two-year-old SailGP, which Ellison created with five-time America’s Cup winner Russell Coutts, at $200 million. Neither side would disclose the size of Endeavor’s stake.