Mike Buckley is the co-owner and CEO of the United States SailGP team and serves as the team’s strategist. Co-founded by Oracle co-founder Larry Ellison and world champion yachtsman Sir Russell Coutts, SailGP is an international sailing competition where national teams compete across a season of grands prix around the world. In October 2023, the U.S. team was sold to Mike and a group of investors led by former Milwaukee Bucks owner, Marc Lasry and his Avenue Sports Fund.

In this episode, Mike breaks down:

• The unique nature of the investment group behind the U.S. SailGP team and why they spurned other sailors to bring in a unique mix of actors, serial entrepreneurs and top athletes from other sports;
• The value and importance of diversity to growing a successful business and how the current group has helped the team reach new heights;
• How and why others should rethink their approach when it comes to forming investor groups;
• Insights for athletes on how and why they can be impactful members of a company's cap table, outside of the financial capital they bring.

DISCLAIMER: Neither Ruling Sports LLC nor Alicia Jessop are providing any financial, economic, legal, accounting or tax advice or recommendations in this podcast. The information contained in this podcast does not constitute investment advice or an offer to buy or sell securities from any entity to the listener and should not be relied upon to evaluate any potential transaction. In addition, the receipt of this podcast by any listener is not to be taken to constitute such person a client of Ruling Sports LLC or Alicia Jessop. Neither Ruling Sports LLC, Alicia Jessop nor any of their affiliates or entities make any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this podcast, and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed.

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