Ryan Reynolds and Hugh Jackman have purchased the Australian SailGP team, The BONDS Flying Roos, for A$76 million.
This isn’t Reynold’s first venture into the sporting world, purchasing Welsh soccer team Wrexham for US$2.5 million back when it was in the fifth tier of the English game with fellow actor Rob McElhenney in 2021. The duo was also part of a group of investors who acquired a €200 million stake in the French Formula 1 team Alpine in 2023.
He has now ventured into Australian sports with Jackman by his side.
The new co-owners said they were excited to set sail together on this new adventure alongside CEO and Olympic gold medalist Tom Slingsby in leading the freshly rebranded team.
“Hugh brings a deep love for and pride in his home country, as well as being an avid fan of sailing,” Reynolds and Jackman said.
“He will also be bringing his overly clingy emotional support human along for the ride.”
Sail GP is a global sailing league where teams race hydrofoils that reach speeds exceeding 100km/h in teams of 12.
Slingsby has led the team for four seasons and led them to three victories.
The BONDS Flying Roos are also set to debut their rebranded F50 catamaran at the Mubadala New York Sail Grand Prix, racing against 11 other national teams in front of the Statue of Liberty from 7 June to 8 June.
“Today marks a landmark moment not just for the Australia SailGP Team, but for the trajectory of SailGP globally,” SailGP managing director Andy Thompson said.
“We’re thrilled to officially welcome Hugh Jackman and Ryan Reynolds as co-owners of the newly-branded BONDS Flying Roos, bringing with them an extraordinary combination of global reach, vision, commercial nous and no doubt plenty of fun along the way too.”
