The Fan-Owned SailGP Team by FANVEST IO provides a unique opportunity to become a team owner for as little as $5,000.
David Palmer is helping coordinate the new Bermuda-based SailGP team that is owned by 1,950 accredited investors through FANVEST IO. The team aims to be the 11th team in the league, projected to begin participating in races in 2024 during Season 5 of the Sail Grand Prix Series.
Through his various roles in a public hospitality company, David Palmer was instrumental in achieving a $2.85 billion go-private transaction with affiliates of Apollo Global Management.
Chapters:
(01:30) Hospitality background
(04:20) Fan ownership in sports
(08:40) DAOs
(15:15) SailGP fan-owned team
(18:40) Baron Davis FANVEST IO
(20:20) Athletes as investors
(25:30) Connecting with sports fans