A consortium of investors completed the acquisition of Red Bull Italy team from SailGP.

A consortium of investors including Muse Capital, MFO Certuity, Yeh Capital, Alexander Gilkes, Evan Yurman, Anne Hathaway, Adam Shulman, actress Miriam Leone, Julie Eddleman, Heather Karatz, Pete Delgrosso, Jennifer Ashton, Gian Luca Passi de Preposulo and Jimmy Spithill, completed the acquisition of Red Bull Italy team from SailGP, an international sailing competition. Financial terms were not disclosed. “Being at the top of the sport as an athlete for the last 25 years, it’s incredibly exciting to put together such a talented World Class Team-both on and off the water. This marks the next chapter in the evolution of Italian sailing, and I’m thrilled to share this journey with Assia and Gian Luca,” Jimmy Spithill, SailGP ITA CEO, Founder and Co-Owner.