• Home
  • News
  • “We’re all under pressure to be more commercially sustainable”: Australia SAILGP team driver Tom Slingsby opens up about sponsorship struggles

“We’re all under pressure to be more commercially sustainable”: Australia SAILGP team driver Tom Slingsby opens up about sponsorship struggles

January 05 2023 - News Release News Editorial

Driver and CEO of the Australia SailGP Team Tom Slingsby has opened up about his failure to secure any major sponsorship deals and claimed the two-time defending champions could be ‘on the chopping block’ in the future.

“We’re all under pressure to be more commercially sustainable”: Australia SAILGP team driver Tom Slingsby opens up about sponsorship struggles

Speaking on Shirley Robertson’s Sailing Podcast,   Slingsby reflected on the league’s decision to drop Season 2 runner-up Japan from Season 3 after the team failed to receive any financial backing.

Looking back at the beginning of SailGP, Slingsby said: “The orders from Russell [Coutts, SailGP CEO] was that at the end of the first five years, you’ve got to be commercially sustainable – we had targets.”

However, SailGP has ‘progressed a lot quicker than we expected’, he said, resulting in a glut of perspective, commercially independent teams approaching the league. “SailGP can’t build boats fast enough,” he said.

To read the rest of the release please click on the link below

    GSS Weekly Newsletter Registration


    Register your interest in receiving our free weekly sport and sustainability newsletter and get it delivered to your inbox every Thursday


    GSS Weekly Newsletter Benefits:

    • Free access to all the latest sustainability news and features

    • Free weekly newsletter featuring all the latest developments in sport and sustainability


    Register your details here:

     

    First name

    Last name

    Company

    Title

    Email

    Nation

    Read moreSailGP